Apple sets record $ 97.28 billion in quarterly revenue

Apple sets record $ 97.28 billion in quarterly revenue

Apple ‘s daily revenue is over $ 1 billion. Apple’s revenue rose 9 percent from a year earlier, according to a quarter-end earnings report released on Thursday. Apple had revenue of $ 89 billion in the second quarter of March 2021, and $ 97.28 billion at the end of the first quarter of March 2022.

Profits rose to 43.7% from 42.5% in the same period last year. Operating expenses increased from $ 10.6 billion in 2021 Q2 to $ 12.6 billion in 2022 Q2, according to the earnings report. During this quarter, Apple introduced Studio Display, Fifth generation iPad Air; Introducing new products such as the iPhone SE 2022 and Mac Studio.

Revenue from the iPhone for the quarter was $ 50.57 billion ($ 47.9 billion in the same period last year), while iPad revenue was down $ 7.8 billion from $ 7.8 billion a year earlier. Mac revenue rose to $ 10.44 billion this year from $ 9.1 billion last year. Revenue from home appliances and other accessories was $ 1 billion more than last year, at $ 8.8 billion.

Services, one of Apple’s core businesses, rose 17.26 percent to $ 19.8 billion from $ 16.9 billion a year earlier.

Apple may remove some non-updated apps from the App Store.

Apple is about to remove outdated apps from its App Store.

Not used in accordance with the App Store policy. Engadget reports that apps that do not work properly will be removed. Since 2016, the company has been operating in violation of the App Store guidelines. It has announced that it will remove apps that are no longer working. According to tweets from The Verge. Some small video game developers have received emails from Apple informing them to update their games. The mail states that the app will be removed within 30 days as it has not been updated for some time.

Those who do not update within 30 days will remove from the App Store. “If the update is not posted within 30 days, it will be removed from sale. Apple will remove outdate apps from the App Store. But downloaded app to consumer products will remain in the product.” The statement said.

On Twitter, many developers who received emails from Apple commented that they did not have time to update their apps.