The company tallied $97.3 billion in revenue in Q2, up 9 percent over the year-ago quarter. That amounted to a profit of $25 billion, with earnings per share of $1.52. Apple set March quarter revenue records for its iPhone, Mac, and Wearables / Home / Accessories divisions. But the second quarter saw a slowdown in iPad sales, which were down slightly year over year. Apple’s various services grew to a new high of 825 million subscribers, up 165 million from the total a year ago.
The increase in iPhone revenue comes even after Apple noted that the year-ago Q2 saw very strong iPhone demand due to the iPhone 12 series launching a bit later in the fall than normal. New products released by Apple during the March quarter included the third-gen iPhone SE, green colors of the iPhone 13 and iPhone 13 Pro, the powerful Mac Studio desktop, and the 5K Studio Display external monitor.