Apple Earned $89.6 Billion Revenue During Q2 2021, iPad and Services See Major Growth
Apr. 29, 2021Furthermore, Apple reports that revenue from iPhones was a March quarter record as it reached $47.9 billion, which is a 66% increase from last year. This is primarily because of the high demand for the iPhone 12 series that launched last year. Besides, the company says that the installed base of active devices also reached an all-time high in every major product category.
Revenue from services also set new records for the company as it saw a 27% YoY growth in every geographic segment. More importantly, Apple garnered more paid subscribers for its services likeApple Music,Podcast, andApple Fitness+, totaling 660 million, during the said quarter. This helped the company earn $145 million during the period.
“This quarter reflects both the enduring ways our products have helped our users meet this moment in their own lives, as well as the optimism consumers, seem to feel about better days ahead for all of us,”said Apple CEO Tim Cook in a statement.
“Apple is in a period of sweeping innovation across our product lineup, and we’re keeping focus on how we can help our teams and the communities where we work emerge from this pandemic into a better world. That certainly begins with products like the all-new iMac and iPad Pro, but it extends to efforts like the 8 gigawatts of new clean energy we’ll help bring onto the grid and our $430 billion investment in the United States over the next 5 years,”Cook further added.
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