Apple's iPad revenue increased 24% year-over-year due to the new lineup launched in May, outperforming other products with flat revenues.
In its Q3 earnings report, Apple exceeded Wall Street's expectations with total revenue of $85.8 billion, attributing the growth to the successful iPad sales amidst other product stagnancy.
Even amid previous decline, Apple remained committed to iPad growth, and the new lineup resulted in exceeding expectations and driving double-digit growth projections.
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