Apple´s quarterly revenue exceeds expectations

The technology giant Apple announced revenue recording of $ 58.3 billion during the second financial quarter ended March, achieving a 1 percent increase compared to last year, exceeding analyst expectations .

“Despite Coffid's unprecedented global impact, we are proud to announce the growth of Apple this quarter, driven by a record record in services and a record quarterly record for wearable technologies,” said Tim Cook, Apple CEO.

Purchases of Apple services, including applications, iCloud storage units, Apple TV and Apple Music subscriptions, increased from 11.5 to 13.3 billion dollars, compared to the same period last year.

Meanwhile, revenue from wearable devices, including the Apple Watch and AirPods, increased from 5.1 to 6.3 billion dollars.

The iPhone remains the company's milking cow with sales of $ 29 billion, down nearly $ 2.1 billion from the second fiscal quarter of 2019.

 

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