Apple had a great quarter, although iPhone sales were the real standout. The company says its signature device had its best quarter ever, thanks in part to sales growth in regions like China and India.
“The iPhone had its best quarter ever due to unprecedented demand, with all-time records in every geographic area,” Chief Executive Tim Cook said during the company’s earnings conference call Thursday. of Apple earnings report shows the company sold $85 billion worth of iPhones in the first quarter, up from $69 billion in the same period last year.
During the Q&A portion of the call, Cook revealed that China had seen a huge increase in sales. “It was driven by iPhone, where we set an all-time revenue record,” Cook said, noting it was the “best iPhone quarter ever in Greater China.” Cook said the increase in sales was due to excitement about the iPhone 17, which was announced in September. The new model has proven to be significantly more popular from the company’s previous iPhone.
Apple’s earnings report shows that its total sales in the greater China region rose from $18.5 billion in the previous quarter to $25.5 billion. Cook noted that, overall, the company did quite well in the region. “I would tell you that during the quarter, our China store traffic grew at a strong double-digit rate year over year,” he said.
Cook also highlighted India as another region where iPhones — as well as other products — seemed to be flying off the shelves. “We had record quarter revenue during the December quarter,” Cook said, noting that records were set for “iPhones and Macs and iPads [sales] and an all-time service revenue record.” Cook called it “an amazing quarter” in a country he noted is “the world’s second-largest smartphone market and fourth-largest PC market.”
Except for the iPhone, Apple’s overall sales rose in every geographic region, its earnings report showed. In America, for example, sales rose from $52.6 billion a year ago to $58.5 billion, while in Europe they rose from $33.8 billion to $38.1 billion.
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