iPhone Revenue Saw Growth in Q3 2020 Thanks to iPhone SE Launch

Apple's retail stores in many parts of the world were shut down for much of the third fiscal quarter of 2020, but the iPhone still saw two percent growth, which Apple CEO Tim Cook said was a surprise as the company expected year over year ‌iPhone‌ performance to decrease.

iPhone SE Cosmopolitan Clean
COVID-19 had the biggest hit on Apple's sales in April, but demand for the ‌iPhone‌ increased in May and June, which Cook attributed to the "very successful" release of the low-cost $399 ‌iPhone‌ SE and economic stimulus packages provided to many in the United States.

The ‌iPhone‌ ultimately brought in $26.4 billion, up from $26 billion in the year-ago quarter, marking two percent growth. Apple brought in $59.7 billion in total, marking a new June quarter record.

Popular Stories

iPhone Top Left Hole Punch Face ID Feature Purple

iPhone 18 Pro Launching Later This Year With These 12 New Features

Thursday January 15, 2026 10:56 am PST by
While the iPhone 18 Pro and iPhone 18 Pro Max are not expected to launch for another eight months, there are already plenty of rumors about the devices. Below, we have recapped 12 features rumored for the iPhone 18 Pro models, as of January 2026: The same overall design is expected, with 6.3-inch and 6.9-inch display sizes, and a "plateau" housing three rear cameras Under-screen Face ID...
Apple MacBook Pro M4 hero

These 5 Apple Products Will Reportedly Be Upgraded With OLED Displays

Friday January 16, 2026 7:07 pm PST by
Apple plans to upgrade the iPad mini, MacBook Pro, iPad Air, iMac, and MacBook Air with OLED displays between 2026 and 2028, according to DigiTimes. Bloomberg's Mark Gurman previously reported that the iPad mini and MacBook Pro will receive an OLED display as early as this year, but he does not expect the MacBook Air to adopt the technology until 2028 at the earliest. A new iPad Air is...
iOS 27 Mock Quick

iOS 27 Will Add These 8 New Features to Your iPhone

Sunday January 18, 2026 3:51 pm PST by
iOS 27 is still many months away, but there are already plenty of rumors about new features that will be included in the software update. The first beta of iOS 27 will be released during WWDC 2026 in June, and the update should be released to all users with a compatible iPhone in September. Bloomberg's Mark Gurman said that iOS 27 will be similar to Mac OS X Snow Leopard, in the sense...
Apple Wallet ID Illinois

Apple Plans to Expand iPhone Driver's Licenses to These 7 U.S. States

Friday January 16, 2026 12:12 pm PST by
In select U.S. states, residents can add their driver's license or state ID to the Apple Wallet app on the iPhone and Apple Watch, and then use it to display proof of identity or age at select airports and businesses, and in select apps. The feature is currently available in 13 U.S. states and Puerto Rico, and it is expected to launch in at least seven more in the future. To set up the...
14 inch MacBook Pro Keyboard

MacBook Pro Buyers Now Facing Up to a Two-Month Wait Ahead of New Models

Sunday January 18, 2026 6:50 pm PST by
MacBook Pro availability is tightening on Apple's online store, with select configurations facing up to a two-month delivery timeframe in the United States. A few 14-inch and 16-inch MacBook Pro configurations with an M4 Pro chip are not facing any shipping delay, but estimated delivery dates for many configurations with an M4 Max chip range from February 6 to February 24 or even later. At...

Top Rated Comments

Mr. Dee Avatar
72 months ago
Stimulus Check - buy iPhone. Priorities.
Score: 10 Votes (Like | Disagree)
Rce84 Avatar
72 months ago
I'm so glad to have invested money in Apple stock. I'm looking forward to early retirement. Thank you everyone!
Score: 6 Votes (Like | Disagree)
satchmo Avatar
72 months ago
Low price iPhone with great processor = high demand

Go figure.
Score: 6 Votes (Like | Disagree)
szw-mapple fan Avatar
72 months ago

Stimulus Check - buy iPhone. Priorities.
The whole point of the check was to stimulate consumer spending.
Score: 4 Votes (Like | Disagree)
kazmac Avatar
72 months ago
I enjoy my SE. Glad I took the plunge.
Score: 3 Votes (Like | Disagree)
Miles Teg Avatar
72 months ago
Walmart + ATT had an awesome $200 discount on the iPhoneSE. I got a 256GB for $350.00 normally $550.
Score: 2 Votes (Like | Disagree)