Apple posts Q1 earnings: Revenue hits $117.2 billion amid drop in iPhone sales

A closer look at iPhone and Mac sales

As is typically the case, Apple’s earnings for the quarter were anchored by the iPhone. And while Apple stopped releasing sales figures a while ago, we can still glean how briskly the iPhone is selling by looking at overall sales figures. For the quarter gone by, the iPhone accounted for $65.5 billion in revenue. As a point of comparison, Apple during last year’s holiday quarter saw iPhone-based revenue check in at $71.6 billion.

Mac sales also saw a drop in revenue. During the December quarter, Mac revenue checked in at $7.7 billion, compared to $10.8 billion in the same quarter a year-ago.


#Apple #posts #earnings #Revenue #hits #billion #drop #iPhone #sales

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like