Apple has reported strong fiscal second-quarter results, posting revenue of USD 111.2 billion for the quarter ending March 28, up 17 percent year-over-year.
The company declared that its newest iPhone 17 collection has become the most successful iPhone model ever. The product line features five models, which are iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max, iPhone 17e, and iPhone Air.
Tim Cook announced that Apple achieved its highest performance for the March quarter because customers bought more iPhones during March than ever before. He also noted that the company’s Services business reached an all-time revenue high.
Apple CFO Kevan Parekh reported that the company achieved operating cash flow exceeding USD 28 billion during the quarter. Apple generated USD 80.2 billion in product revenue while Services revenue brought in USD 31 billion. The iPhone generated USD 57 billion in revenue.
Meanwhile, Mac revenue reached USD 8.4 billion, iPad brought in USD 6.9 billion, while Wearables, Home, and Accessories delivered USD 7.9 billion. Apple also said iPhone sales grew strongly across the US, Europe, India, Japan, China, and Southeast Asia.
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