Pursuing Apple’s history-setting Q2 2022 earnings release, Apple CEO Tim Prepare dinner spoke with CNBC to offer some supplemental aspects. According to Prepare dinner, the Apple iphone captivated a “record level” of upgraders throughout the quarter, and the quantity of persons switching from Android to Iphone also grew.
Talking to CNBC, Cook said that the Apple iphone 13 cycle has demonstrated to “clearly be a sturdy cycle” for Apple. Iphone revenue grew from $47.88 billion in the exact quarter a 12 months ago to $50.57 billion in Q2 2022, an maximize of 5% 12 months more than year.
CNBC reports:
Apple CEO Tim Prepare dinner said that the Apple iphone enterprise experienced a productive quarter with “switchers,” or people today who earlier experienced an Android cell phone but decided to buy an Apple iphone.
“We experienced a history level of upgraders throughout the quarter and we grew switchers, powerful double digits,” Apple CEO Tim Cook told CNBC’s Steve Kovach. “It’s clearly a potent cycle,” Cook dinner reported.
Apple no lengthier experiences unit product sales for any of its products and solutions, so we never know just how numerous Apple iphone models Apple marketed for the duration of the quarter. It’s also important to notice that Apple iphone progress came amid ongoing source chain problems, though Apple has weathered these struggles rather effectively in regard to the Apple iphone.
Apple also stated its lively set up base of all item classes strike a new all-time significant in the course of Q2 2022.
You can discover our full breakdown of Apple’s earnings appropriate right here.
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