Apple sets new record in March, sells iPhones worth $51.3 billion - Newztezz Online

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Friday, May 5, 2023

Apple sets new record in March, sells iPhones worth $51.3 billion

Apple has earned revenue of $ 24 billion out of $ 94.8 billion revenue in the first quarter. At the same time, according to the sales figures, the company has earned a record breaking $ 51.3 billion.

Recently, Apple has earned record breaking earnings. Apple has released its cell report on Thursday. Apple said that in the first quarter of this year, the company has seen growth in sales and service. This positive result has been seen at a time when inflation is at its peak. The company was not expecting such a good growth.

Let us tell you, Apple has earned a revenue of $ 24 billion out of a revenue of $ 94.8 billion in the first quarter. At the same time, according to the sales figures, the company has earned a record breaking $ 51.3 billion.

Tim Cook said this

Apple CEO Tim Cook said that the company has broken the earnings record on such an occasion when inflation is going on all over the world. The company had not even expected such earnings. Cook told that there are more than 1 billion active devices in the iPhone base, we are happy with the record breaking earnings of its production and growth rate. Now the overall growth of Apple has increased from 1 to 2 percent.

However, Apple has increased its expansion in India and has also opened 2 stores in Mumbai and Delhi. Due to this, the sting of India and Apple is ringing in the foreign market. Earlier, China is considered to be the biggest market for iPhone. But, now with the opening of stores in India, growth is being seen in Apple's production and earnings.

Earning in these things

According to Tim Cook, Apple has earned the most from its service business. This includes services like Apple Pay and iCloud. According to statistics, Apple has earned about $ 20 billion from its service. Apart from this, there has also been an increase in the sales of iPhone, it has now increased to $ 51 billion. At the same time, the company has not earned much in Apple Wearables.

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