On April 29, Apple released its second fiscal quarter financial report as of March 27 this morning. According to the financial report, Apple achieved revenue of $89.6 billion in the quarter, up 54% year on year, higher than market expectations, and achieved net profit of $23.63 billion, up 110%. Apple is expected to achieve double-digit growth in the next quarter.

Specific to each product business segment:

The revenue of the iPhone business, which is a big player, was 49.738 billion US dollars (53.5% of the revenue), up 65.5% year on year; IPad business revenue reached 7.807 billion US dollars, up 78.7% year on year; Mac's revenue was 9.102 billion US dollars, up 70.1% year on year; The revenue of wearable equipment and accessories business was $7.836 billion, up 24.7%; The service business revenue was 16.901 billion US dollars, up 26.6%.

The revenue of all regions also rose across the board, with the revenue of Greater China reaching US $17.728 billion, up 87% year on year, setting a new record for the revenue of Greater China in the same period.

In the financial report conference call, Cook said that the number of users of the iPhone update reached its peak in the last quarter. The iPhone 12 is the best-selling model in the current Apple product line, and the sales of the iPhone 12 Pro and iPhone 12 Pro Max are also very strong. In addition, Cook also revealed that the shortage of chips will affect the iPad and Mac product lines in the next fiscal quarter.

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