Apple posted its financial report for the first quarter of its 2022 fiscal year, covering the montsh October through December. The numbers revealed new records in sales, which grew 11% to $123.95 billion and net income that got a 20% increase to $34.63 billion .
All of Apple’s key product categories grew YoY – iPhones, Mac computers, wearables, home speakers, and accessories, with only the iPads going slightly down.
Tim Cook, Apple’s CEO, said the record was made possible thanks to the company’s “most innovative lineup of products and services ever”. He added that customers are trying to stay connected more than ever, and Apple will be doing all they can to “ build a better world”, including progress towards becoming carbon neutral by 2030.