Apple posts Q2 2022 revenue record of $97.3bn
Apple has announced that for the second fiscal quarter of 2022, the company posted $97.3 billion in revenue, up 9 per cent year over year. The company also posted $25 billion in profit – both the revenue and profit are all-time records for the March quarter. The iPhone continues to be Apple’s top money-maker, bringing in $50 billion in net sales, about $2 billion more than Q2 2021. Of the company’s product categories, Apple’s Services division saw the biggest increase (17 per cent), from $16.9 billion in 2021 to $19.8 billion in 2022, a $2.9 billion increase and a new record. Sales in the ‘Wearables, Home and Accessories’ category grew 12 per cent year-over-year. The Mac posted $10.4 billion in sales, up from $9.1 billion in Q2 2021. Apple CFO Luca Maestri…