Apple Sees Record Q2 Revenues on iPhone Sales

Apple announced financial results for the second quarter, that ended on March 26. The company said that net profits rose 95 percent year-over-year to $5.99 billion. These numbers set a new second-quarter record for the company, and another with revenues of around $24.67 billion, an increase of 82.7 percent year-on-year.

Sales were primarily driven by sales of iPhones, with Apple selling 18.65 million units during the quarter, an increase of 113 percent on the same period last year. It also sold 3.7 million Macs, up 28 percent year on year, and 4.69 million iPads. The only decline was in iPod sales, which fell 17 percent to 9.02 million.

Looking ahead, Apple projects third-quarter revenue of around $23 billion.

Source: Apple

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