Cupertino (California), Jan 28 : Riding on the stellar performance of iPhones, wearables and services in the festive December quarter, Apple has posted an all-time record revenue of $111.4 billion in its history, up 21 per cent year over year, and quarterly earnings up 35 per cent.
The iPhone business performed extraordinarily well, registering over $65 billion in revenue.
The previous all-time record for iPhone revenue in a quarter was $61.58 billion, which Apple recorded in the first quarter of fiscal 2018.
International sales accounted for 64 per cent of the December quarter’s revenue for Apple, the company said in a statement on Thursday.
“This quarter for Apple wouldn’t have been possible without the tireless and innovative work of every Apple team member worldwide,” said Apple CEO Tim Cook.
During an earnings call with investors, Cook said that Apple crossed 1.65 billion active devices worldwide during the quarter and iPhones account for over 1 billion of those devices.
Related stories
Subscribe
- Never miss a story with notifications
- Gain full access to our premium content
- Browse free from up to 5 devices at once
Latest stories