January 27, 2022
Apple Jan. 27 reported first-quarter (ended Dec. 25, 2021) services revenue of $19.5 billion, up 24% from revenue of $15.8 billion during the previous-year period. Services revenue includes sales of movies and TV shows on iTunes, the App Store, Mac App Store, Apple Music, Apple Pay, Apple TV+, Apple Arcade and Apple News+, among others.
Meanwhile, iPhone sales increased to $71.6 billion, compared with $65.5 billion in the previous-year quarter — underscoring the appeal of the new iPhone 13 model.
Mac sales increased 25% to $10.8 billion, from $8.6 billion a year ago. Apple iPad revenue fell almost 15% to $7.2 billion, from $8.4 billion. Wearables and home accessories revenue rose 14% to $14.7 billion, from $12.9 billion.