Strong iPhone, Mac sales lead to Apple’s best-ever March quarter

If you thought Apple would show any signs of slowing down following its record-breaking Q1 results, you’d be mistaken. Apple on Thursday announced its Q2 earnings results, and they’re just as glittery as last quarter, with record revenue of $111.2 billion and strong showings for the iPhone and Mac.

Every category of Apple product saw growth over the year-ago quarter, with the iPhone hitting nearly $57 billion in sales, a whopping 22 percent increase over last year. This quarter saw the launch of the iPhone 17e, but it’s likely the bulk of the revenue is from higher-priced iPhone 17 Pro models.

Additionally, Apple hit another all-time Services high, with revenue of nearly $31 billion. Mac sales also grew from just under $8 billion last year to about $8.4 billion this year. Apple released the MacBook Neo in March and has faced supply constraints ever since its launch, so it likely does not play a significant role in this quarter. Outgoing CEO Tim Cook noted that Apple’s new laptop is “captivating customers all around the world.”

Additionally, Apple’s iPad sales grew to $6.9 billion from $6.4 billion and its Wearables line pulled in $7.9 billion compared to $7.5 billion a year ago. 

During its conference call with investors, Cook addressed the coming CEO turnover to John Ternus, saying there is “no one I trust more on this planet to lead Apple.” John Ternus spoke on the call as well, repeating the oft-heard phrase that Apple has an “incredible roadmap ahead” and that this is “the most exciting time in my 25 year career at Apple.”