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

Apple's revenue in the March quarter was a new March quarter record of $97.3 billion. The growth in Apple's product categories was not enough to offset the decline in iPad revenue.

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.

During the March quarter, Tim Cook told CNBC that the iPad line continued to face supply constraints.

The earnings results for the March quarter were broken down.

• 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 include the Apple Watch, Apple TV, HomePod mini, iPod touch, and more. Services include the App Store, Apple Music, Apple Arcade, Apple TV+, Apple Fitness+, iCloud, Apple Pay, and more.