Apple had a record quarter for iPhone sales, despite not launching a standard model during its last update. In its fourth-quarter earnings report released Monday, Apple says it earned $57.58 billion in iPhone revenue, a 17 percent increase from the same period last year.
Apple reported a 12 percent increase in its overall revenue, reaching $114.5 billion. Its Mac business grew 24 percent to $10.79 billion, while Apple’s services division, which includes App Store commissions along with subscriptions to services such as Apple TV and Apple Music, grew to $31.57 billion. iPad revenue was down 10 percent year over year, with $6.23 billion in sales.
