2020-05-01 13:40
Technology
Alex Lowe

Apple reports its Q2 earnings for 2020

Apple reports its Q2 earnings for 2020

Last night, Apple revealed its Q2 fiscal earnings, announcing company revenue by category and profit levels.

Apple always goes over each product category and how much revenue each generated as well as how much revenue the whole company generated in the last quarter. Total revenue for Q2 2020 was $58.3 billion, this is up slightly over the $58 billion it had in the same quarter in 2019. Out of this, Apple had a profit of $11.25 billion.

  • iPhone generated $28.9 billion of revenue
  • iPad was $4.36 billion
  • Mac was $5.35 billion
  • Wearables, home and accessories was $6.28 billion
  • Services was $13.34 billion

“Despite COVID-19’s unprecedented global impact, we’re proud to report that Apple grew for the quarter, driven by an all-time record in Services and a quarterly record for Wearables.”

Tim Cook – Apple CEO

The service category hit a new record for Apple, this includes Apple Music, iCloud, Apple News+, Apple Card, Apple Arcade, Apple TV+, App Store as well as everything else Apple offers.

Apple has also helped to support the ongoing COVID-19 pandemic my manufacturing face shields, Apple has produced “tens of millions of face masks” to those professionals who need them.

Source: Apple

Alex Lowe

Apple reports its Q2 earnings for 2020

Alex Lowe is the owner and editor of the interface and started the website in 2013. He publishes the majority of the content on the website, hosts the three podcasts and the runs the YouTube channels. Alex has a professional background in computer networking, FWA and WiFi.

Other Posts

John Lewis now sells smartphones
British retailer John Lewis is now moving into selling smartphones, for the first time
Apple reveals iOS 16 at WWDC 2022
Apple announces iOS 16 at WWDC 2016, general public release expected for September
Red iPhone 7 on a red background
Apple may be launching a (PRODUCT) Red iPhone 8 this week
Apple could be launching a new (PRODUCT) Red iPhone 8 soon
Pornhub.com website
Ofcom ushers in age restrictions for pornographic content online, as part of the Online Safety Act
As part of the Online Safety Act, certain platforms must now check for the age of its users if required