Despite the slowing economy affecting smartphone demand, the iPhone 14 series performed well.
The sales revenue of the iPhone department reached an all-time high in the January-March quarter, and CEO Tim Cook expressed satisfaction with the performance in emerging markets.
However, other hardware products performed poorly. In particular, the Mac department for consumers decreased by 31%.
On the other hand, the services division increased by 5% and the number of paid subscribers increased by 150 million.