The corporate on Thursday reported $123.9 billion in income for the general months of the 12 months, an 11% build up from the 12 months prior, fueled by way of call for for its newest lineup of iPhones and different units in addition to the energy of its services and products industry.
Stocks of Apple rose greater than 4% in after-hours buying and selling Thursday following the profits effects.
“We set all-time information for each evolved and rising markets and noticed income enlargement throughout all of our product classes, except for for iPad, which we mentioned can be provide constrained,” Tim Cook dinner, Apple’s CEO, mentioned in a convention name with analysts Thursday discussing the consequences. “As anticipated within the combination, we skilled provide constraints that have been upper than the September quarter.”
“Total, we do see an development within the March constraints happening as opposed to what they have been within the December quarter,” Cook dinner mentioned at the name.
