"Tim Cook stated that Apple delivered its best-ever March quarter, with the iPhone posting a record March performance. The Services segment also reached an all-time high."
"CFO Kevan Parekh revealed that Apple generated over $28 billion in operating cash flow and noted that the iPhone 17 lineup was the company's most popular to date."
"Total product revenue was $80.2 billion, with the iPhone alone accounting for $57 billion. iPhone sales experienced double-digit growth across several markets."
Apple announced financial results for the quarter ending March 28, reporting revenue of $111.2 billion, a 17% increase from the previous year. The iPhone 17 lineup achieved record sales, contributing $57 billion to total product revenue of $80.2 billion. Services generated $31 billion, reaching an all-time high. Operating cash flow exceeded $28 billion. The iPhone saw double-digit growth in multiple markets, including the US and Greater China. Other segments included Mac revenue at $8.4 billion, iPad at $6.9 billion, and Wearables, Home, and Accessories at $7.9 billion.
Read at GSMArena.com
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