Apple Breaks record with $123.9 billion in revenue, despite the supply chain crunch
Apple reported the biggest revenue for any quarter in its history, for Q1, 2022.
Earnings rose to $2.10 per share in the first quarter, which ended on Dec. 25, 2021.
Apple reported $123.9 billion in revenue and a profit of $34.6 billion which is also a record.
Apple made money by selling iPhones, Macs, iPads and wearables than ever before.
Despite global supply constraints, Apple made $71.6 billion by selling iPhones compared to $65.6 billion last year.
Revenue from Macs were $10.9 billion, which is up to more than 2 billion from the last year.
Revenue from iPads brought in $7.2 billion, which is a 14% less than the last year.
There are now 1.8 billion active Apple devices in the world, which is 300 million more than two years ago.
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