global slowdowns and other hurdles, technology giant Apple reported a strong quarter today, with $59.7 billion in revenue and double digit growth in products and services.
This is an 11% growth year-on-year, and exceeds analyst estimates. The company reported year-over-year revenue growth in every major product line the company offers.Revenues from Apple’s iPhones stood at $26.42 billion, a 2% growth from the last quarter.
Apple CEO Tim Cook said that the company had expected a slowdown in the quarter ended April this year, but a strong iPhone SE launch and growth in demand overall helped the company exceed expectations.The company also reported $6.58 billion revenue from iPads and $7.08 billion from Macs.