Apple today announced its earnings results for the second quarter of its fiscal year 2022, which include revenue of $97.3 billion, a new record for the March quarter. Apple saw growth in its iPhone, Mac, Wearables and Services product categories, but iPad revenue was down about 2% compared to the prior year quarter.
“We are very pleased with our record business results for the March quarter as we set an all-time revenue record for iPhone, Mac and wearables, services for home and accessories, and a revenue record for the March quarter,” said Mr. Apple CFO Luca Maestri said.
Apple CEO Tim Cook said CNBC Its iPad lineup faced “very significant supply constraints” during the March quarter.
A breakdown of Apple’s earnings results for the March quarter:
- iPhone: $50.5 billion, up from $47.9 billion in prior year quarter
- iPad: $7.6 billion, down from $7.8 billion in the prior year quarter
- MAC: $10.4 billion, up from $9.1 billion in the prior year quarter
- Wearables, home and accessories: $8.8 billion, up from $7.8 billion in the prior year quarter
- Services: $19.8 billion, compared to $16.9 billion in the same quarter last year
Wearables, Home and Accessories include accessories like Apple Watch, Apple TV, HomePod mini, iPod touch, AirPods, Beats headphones, iPhone cases and Apple Watch bands, and more. Services include the App Store, Apple Music, Apple Arcade, Apple TV+, Apple Fitness+, iCloud, Apple Pay, AppleCare plans, and more.