Apple has reported quarterly revenue of $61.1 billion, up 16% over last year with a record Q2 net profit of $13.8 billion, up 25.4% YoY in their earnings for the financial year Q2 2018 that ended March 31, 2018. During earnings call Tim Cook said that the growth was broad-based, with iPhone revenue up 14%, services up 31% and wearables up almost 50%. He said that the company grew in each of its geographic segments, and in Greater China and Japan, revenue was up more than 20%. Continue reading “Apple reports $13.8 billion profit on $61.1 billion revenue in FY Q2 2018, 52.2 million iPhones sold”