Apple earnings: Huge iPhone 12 sales beat analyst expectations
Apple posts another record-breaking quarter thanks to the iPhone
Despite the pandemic, Apple has spent most of the last two years relentlessly upgrading its product lineup, and its moves are definitely paying off. The company just announced financial results for its fiscal year third quarter (for normal humans, the months of April through June), and the company made a shocking amount of money. All of its product segments (the iPhone, Mac, iPad, services, and wearables/accessories) increased in revenue year-over-year, leading to total revenue of $81.4 billion.