Apple reported record revenues for its fiscal first quarter to December, up 8.3 percent from a year earlier to USD 123.9 billion. Net profit rose 20 percent to USD 34.6 billion, and the operating profit improved 24 percent to USD 41.5 billion.
The supply constraints seen in the previous quarter did not appear to harm Apple's results this time around, as the company benefited from solid sales during the year-end holidays. Apple showed growth across all product categories, apart from the iPad.
The iPhone remained its biggest seller, generating revenues of USD 71.6 billion, up 9.2 percent from a year earlier. The strongest growth came from Mac computers, up 25 percent to USD 10.8 billion amid strong demand globally for new PCs. Apple's services revenues also grew almost 24 percent to USD 19.5 billion.
In the segment wearables, home and accessories, Apple booked revenues of USD 14.7 billion, up 14 percent from a year earlier. Revenues from the iPad fell 14 percent to USD 7.2 billion.
Apple said it has sold around 1.8 billion devices to date, and the company expects to pass the 2 billion market later this year. Apple said earlier this month that it had 745 million paid subscriptions for its services worldwide.
