Apple Sales Rise 16% to Record $109 Billion for June Quarter, Services Revenue Falls Short of Forecasts Apple's latest earnings report is a testament to its enduring dominance in the tech industry.
However, beneath the surface lies a more nuanced picture of growth and stagnation. The company's record breaking $109 billion revenue for the June quarter, up 16% from last year, surpasses Wall Street expectations.
The iPhone business saw significant growth, with revenue increasing by 22% to $54. 3 billion.