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Services shine in Apple’s record March quarter

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Apple has reported its best financial figures for the March quarter, raking in a colossal $97.3 billion for the three-month period ending March 26.
Apple has reported its best financial figures for the March quarter, raking in a colossal $97.3 billion for the three-month period ending March 26, marking an increase of 9% over the same period a year earlier. Net quarterly profit came in at $25 billion, up from $23.6 billion on the year-ago quarter. Apple’s increasing investment in services — which include products such as the App Store, Apple TV+, Apple Fitness+, Apple News+, and Arcade, and could soon include the iPhone — is clearly paying off, with subscriptions reaching 385 million globally, up by 40 million over the previous quarter and 165 million over a year ago.

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