Apple CEO Tim Cook has said that iPhone revenue hit a record $39.6 billion in the June quarter, growing 50 percent year-on-year. It exceeds your expectations. iPhone 12 is in high demand all over the world including India. Tim Cook said on Tuesday, “This quarter has seen very strong double-digit growth everywhere for the iPhone and we are excited by the reactions from our customers for the iPhone 12 lineup.”
‘Users are liking Apple’s technology’
“We are only in the early stages of 5G, but already this incredible performance and speed has made a significant impact on how people can get the most out of our technology,” Cook said. He said, customers love the iPhone 12 for its superfast 5G speed, A14 Bionic chip and Adobe Vision camera which has never been given in any phone before.
Record made in June quarter
Apple’s CFO said despite supply constraints for Macs, we posted a June quarter record of $8.2 billion, up 16 percent from last year. This exceptional level of sales success is driven by very enthusiastic customer feedback for our new Mac, which is powered by the M1. The chip, which we have recently given in our new design iMac. In the services vertical, Apple has reached an all-time revenue record of $17.5 billion.
Increased demand for paid subscriptions
The company said that the strong growth in paid subscription continues. There are now over 700 million paid subscriptions to the service on our platform. Which is over 150 million from last year and we have almost quadrupled the number of paid subscriptions we have in just four years. The iPad’s performance was also up 12 percent, with revenues of $7.4 billion, despite significant supply constraints. Apple said, with the M1 it has rapidly increased its revenue between the MacBook Air and several major companies.
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