Apple Reports All-Time or March Quarter Revenue Records Across All Categories Except iPad

Apple today announced its earnings results for the second quarter of its 2022 fiscal year, including revenue of $97.3 billion, a new March quarter record. Apple saw growth across its iPhone, Mac, Wearables, and Services product categories, but iPad revenue experienced around a 2% decline compared to the year-ago quarter.

apple lineup except the ipad is sad
"We are very pleased with our record business results for the March quarter, as we set an all-time revenue record for Services and March quarter revenue records for iPhone, Mac, and Wearables, Home and Accessories," said Apple's CFO Luca Maestri.

Apple's CEO Tim Cook told CNBC that its iPad line continued to face "very significant supply constraints" during the March quarter.

The breakdown of Apple's earnings results for the March quarter:

  • iPhone: $50.5 billion, up from $47.9 billion in the year-ago quarter
  • iPad: $7.6 billion, down from $7.8 billion in the year-ago quarter
  • Mac: $10.4 billion, up from $9.1 billion in the year-ago quarter
  • Wearables, Home, and Accessories: $8.8 billion, up from $7.8 billion in the year-ago quarter
  • Services: $19.8 billion, up from $16.9 billion in the year-ago quarter

Wearables, Home, and Accessories includes the Apple Watch, Apple TV, HomePod mini, iPod touch, AirPods, Beats headphones, accessories like iPhone cases and Apple Watch bands, and more. Services includes the App Store, Apple Music, Apple Arcade, Apple TV+, Apple Fitness+, iCloud, Apple Pay, AppleCare plans, and more.

Popular Stories

App Store vs EU Feature 2

Apple Says It Doesn't Approve of EU Porn App

Monday February 3, 2025 1:15 pm PST by
Apple does not approve of the "Hot Tub" pornography app that was released for the iPhone in the EU using alternative app distribution, Apple said in a statement to MacRumors. Further, Apple is concerned about the potential user safety risks with a pornography app, and says that it undermines consumer trust in the Apple ecosystem. We are deeply concerned about the safety risks that hardcore...
General Apple Invites Feature

Apple Launches New 'Invites' App

Tuesday February 4, 2025 8:00 am PST by
Apple today announced the launch of a new app called "Invites," which is designed to allow users to plan events like birthday parties, graduations, vacations, baby showers, and more. "With Apple Invites, an event comes to life from the moment the invitation is created, and users can share lasting memories even after they get together," said Brent Chiu-Watson, Apple's senior director of...
iOS 18

iOS 18.4 Will Include These New Features for Your iPhone

Wednesday February 5, 2025 7:15 am PST by
iOS 18.3 was released last month, so the first iOS 18.4 beta should be coming soon. iOS 18.4 is expected to be a more substantial update for the iPhone, with several new features and changes related to Apple Intelligence and beyond. Apple's website suggests that iOS 18.4 will be released in April, following beta testing. Below, we outline what to expect from the update so far. Apple...
maxresdefault

An Apple TV Refresh is Coming in 2025 - Here's What You Should Know

Wednesday February 5, 2025 10:17 am PST by
Apple hasn't refreshed the Apple TV since 2022, but rumors suggest that we're finally going to get an update in 2025. We don't have a full picture of what to expect yet, but we have some hints on what's coming. Subscribe to the MacRumors YouTube channel for more videos. Updated A-Series Chip The current Apple TV 4K uses the A15 Bionic chip that was in the iPhone 13 lineup, and it's time for...
applecare apple care banner

Apple Raises Monthly AppleCare+ Subscription Price for All iPhones

Tuesday February 4, 2025 9:35 am PST by
Apple this week increased the prices for its monthly AppleCare+ subscription prices for the iPhone, raising the cost by 50 cents for all models in the United States. Standard AppleCare+ for the iPhone 16 models is now priced at $10.49 per month, for example, up from the prior $9.99 per month price. The 50 cent price increase applies to all available AppleCare+ plans for Apple's current...
iCloud General Feature Redux

'Apple Invites' Leaked on iCloud Website

Tuesday February 4, 2025 7:11 am PST by
Update: The new Apple Invites app has officially been announced. The main iCloud.com page has seemingly confirmed Apple's rumored invites tool, which has yet to be officially announced by the company. The page says "Apple Invites" will be an iCloud+ feature:Upgrade to iCloud+ to get more storage, plan events with Apple Invites, and have peace of mind with privacy features like iCloud...
apple power beats pro 2

Apple Expected to Announce Powerbeats Pro 2 on February 11 With These New Features

Sunday February 2, 2025 6:15 am PST by
Apple previously teased that Powerbeats Pro 2 would be released in 2025, and now an announcement date has leaked. Bloomberg's Mark Gurman today said Apple plans to unveil the wireless earbuds on Tuesday, February 11. Powerbeats Pro 2 will be priced at $250 in the U.S., he said. Powerbeats Pro are a sportier, fitness-focused alternative to AirPods Pro with built-in, adjustable ear hooks...
hot tub app eu

EU's AltStore Gets First Native iOS Pornography App

Monday February 3, 2025 11:13 am PST by
In the European Union, the Digital Markets Act allows developers to distribute iOS apps through alternate app stores. While Apple checks those apps for malware and other malicious content, there are few restrictions on subject matter, unlike Apple's own App Store. As a result, EU users can now download the first dedicated native pornography app created for the iPhone. Called Hot Tub, the app ...

Top Rated Comments

nutmac Avatar
36 months ago

Have people been unable to get iPads?
I think the decline in sales (2 quarters in a row) is due to iPadOS. With more and more people working or learning from home, they want more versatility. iPadOS just isn't cutting it when it comes to things like (1) multitasking (windowing), (2) tepid USB-C support (e.g., audio devices, external display limitations), (3) unoptimized home screen experience, and (4) dearth of pro apps.
Score: 31 Votes (Like | Disagree)
Student of Life Avatar
36 months ago

Surprise surprise Tim. People want desktops and laptops for getting real work done, not toys
The numbers don't lie, people are speaking with their wallets. Just look at the iPad forum, you have for the most part almost universal displeasure with the operating system and its limitations. Even the Airs come with M1 chips that are found in MBA and iMac but no real advantage is see because of the operating system.
Score: 17 Votes (Like | Disagree)
TracesOfArsenic Avatar
36 months ago
iPadOS is a lame duck because Apple clearly want it to be a separate device to a laptop so they gimp it.
Score: 13 Votes (Like | Disagree)
mlody Avatar
36 months ago
At peak our household had 4 iPads for the family of 4. We are now down to 1 that is used by our younger daughter who does not have a laptop yet. Like many said, generally speaking iPads are not good for productivity with exception to few niche scenarios and we agree with that.
Score: 11 Votes (Like | Disagree)
cflem Avatar
36 months ago
Because iPadOS is crap.
Score: 9 Votes (Like | Disagree)
Naraxus Avatar
36 months ago
Surprise surprise Tim. People want desktops and laptops for getting real work done, not toys
Score: 9 Votes (Like | Disagree)