Apple has reported a 2% year-over-year increase in quarterly revenue, reaching $119.6 billion, along with a 16% rise in quarterly earnings per diluted share to $2.18.
During Apple’s Financial Results conference call, CEO Tim Cook noted the company’s growth in emerging markets including the Philippines, along with Malaysia, Mexico, Poland, and Turkey.
“Today Apple is reporting revenue growth for the December quarter fueled by iPhone sales, and an all-time revenue record in Services,” Cook said. “We are pleased to announce that our installed base of active devices has now surpassed 2.2 billion, reaching an all-time high across all products and geographic segments.”
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The company achieved revenue records in over two dozen countries and regions, including all-time highs in Europe and the rest of the Asia Pacific. Also, Apple set a new record for the installed base of active devices, surpassing 2.2 billion.
iPhone
In the December quarter, iPhone revenue reached $69.7 billion, marking a 6% increase from the previous year. Mac revenue saw a 1% year-over-year increase, reaching $7.8 billion, attributed to strong sales of the latest MacBook Pro models.
For the December quarter, iPhone recorded a revenue of $69.7 billion, or 6% higher than a year ago. Mac revenue came in at $7.8 billion up 1% year over year, and Apple attributes this to the sales of its latest in three powered MacBook Pro models.
In the services segment, Apple achieved an all-time revenue record of $23.1 billion, representing an 11% year-over-year increase. Cook emphasized the acceleration in growth from the September quarter and highlighted all-time revenue records in advertising cloud services, payment services, and video, as well as December quarter records in the App Store and Apple Care.