Enlarge/ Adding the M1 chip to the iPad Air didn't move the needle much for the iPad lineup's revenue this quarter. (credit: Samuel Axon)
Apple reported its earnings for Q2 2022 to investors on Thursday. Once again, the company beat analyst expectations and posted massive revenues and profits across most of its product lines. The only category that saw a drop in year-over-year revenue was the iPad.
Q2 2022 largely included the months of January, February, and March 2022. For that period, Apple reported $97.3 billion in revenue, up 9 percent year-over-year, with a profit of $25 billion.
Apple rolls up each product into one of five categories to report revenue to investors. The services category includes iCloud, the App Store, Apple Card, and Apple Music. The Other Products category includes both the Apple Watch and AirPods, as well as a smorgasbord of others that don't neatly fit in the other devices. The iPhone, Mac, and iPad categories are self-explanatory.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article.
(0) comments
Welcome to the discussion.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.