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Apple showed resilience by reporting a 2 percent increase in sales during the last quarter of 2021, marking its first quarterly revenue increase in a year.
It was the first quarterly revenue increase for Apple in a year and helped the company deliver $33.92 billion in profit during the period, a 13 percent increase from a year earlier.
Apple's ability to sell more apps and services, such as Apple Music, to its enormous customer base helped offset a slowdown in device sales.
The results showed that Apple had the ability to overcome a slowdown in device sales by getting its enormous customer base to buy more apps and services, such as Apple Music.
The company reported an 11 percent increase in sales of software and services to $23.12 billion during the period.
The company said sales of software and services rose 11 percent to $23.12 billion during the period.