Apple reports a 50% year-over-year jump in iPhone sales
In what is usually one of its slowest growth quarters in a given year, Apple today reported a nearly 50 percent year-over-year increase in iPhone sales, among other positive numbers that beat analyst expectations. The numbers were published today as part of Apple's quarterly earnings report.
Overall, Apple saw $81.41 billion in revenue in Q3 of 2021, up 36 percent year-over-year. iPhone revenue was $39.57 billion (up 49.78 percent), and services raked in $17.48 billion (up 33 percent).
The Mac and iPad also grew, albeit by a smaller amount. The Mac generated $8.24 billion, up 16 percent over last year, while the iPad came in at $7.37 billion and 12 percent. The other big number is Apple's "other products" revenue, which primarily includes wearables like Apple Watch and AirPods. That category produced $8.77 billion—more than either the Mac or the iPad—for 40 percent year-over-year growth.