Apple’s earnings today showed that the company has broken all records for hardware sales. In a press release, the company notes that it broke March quarterly revenue records for iPhone, Mac and the combined wearables, home and accessories category, which includes all kinds of products such as Apple Watch and Airpods.
iPhone sales jumped 5% year-on-year in the quarter to $50.6 billion. The news comes as the company strengthened its supply chain relationships while a number of other equipment manufacturers struggled to deal with component shortages. The numbers contrast sharply with the ongoing struggles of other phone makers.
At the same time, Macs saw the biggest relative jump of any hardware offering, up 15% year-on-year to $10.4 billion. The category has seen strong quarters lately thanks to Apple’s silicon-based revival.
Updated stalwarts like the iMac and Mac Pro, combined with new products like the Mac Studio, have sparked renewed interest in the space. Add to that the overall jump in the PC market as work settings continue to change during the pandemic. The wearables, home goods and accessories category rose 12% to $8.8 billion. eThe only dull spot is the iPad again. Tablet sales fell 2% compared to the same quarter last year.
All of this, combined with 17 percent growth in services, makes for a truly stellar quarter for the company—an impressive achievement amid pervasive global uncertainty.
“This quarter’s record results are a testament to Apple’s relentless focus on innovation and our ability to create the best products and services in the world,” said Tim Cook in release tied to finance.
Credit: techcrunch.com /