iPhone had its best quarter ever

Apple had a great first quarter, but what really stood out was iPhone sales. The company reported its best quarter ever for its flagship devices, thanks in part to surging sales in regions such as China and India.

“iPhone had its best quarter ever, driven by unprecedented demand, with record highs across all geographic segments,” CEO Tim Cook said on an earnings call Thursday. According to Apple’s earnings report, the company sold $85 billion worth of iPhones in the first quarter, up from $69 billion a year earlier.

During a question-and-answer session on the conference call, Cook said sales in China have increased significantly. “This was driven by iPhone, and we set an all-time revenue record,” Cook said, noting that it was “the best iPhone quarter ever in Greater China.” Cook said the sales increase was driven by enthusiasm for the iPhone 17, which was announced in September. The new model has proven to be much more popular than the company’s previous iPhones.

According to Apple’s financial report, sales in Greater China soared to $25.5 billion from $18.5 billion in the same period last year. Mr Cook said the company was doing very well in the region overall. “During the quarter, foot traffic to our stores in China increased by over double digits year over year,” he said.

Cook also highlighted India as a region where iPhones and other products are likely to disappear from store shelves. “We set quarterly earnings records in the December quarter,” Cook said, noting that records were set for “iPhone, Mac and iPad.” [sales] And we achieved our highest ever revenue record for services. ” Cook called the quarter a “great quarter,” noting that the country is “the second-largest smartphone market and the fourth-largest PC market in the world.”

iPhone aside, Apple’s overall sales soared in every region, earnings reports show. For example, sales in the Americas increased to $58.5 billion from $52.6 billion a year ago, and in Europe to $38.1 billion from $33.8 billion.