Apple weathers Coronavirus pandemic, revenue flat but Services at all-time high
Apple has posted quarterly revenue of $58.3 billion for its fiscal 2020 second quarter, slight increase of 1 per cent from the year-ago quarter as Services revenue reached an all-time high of $13.3 billion amid quarterly record for Apple Wearables.
Apple's net income was $11.2 billion and earnings per share with $2.55, up 4 per cent. Operating cash flow was strong at $13.3 billion -- an improvement of $2.2 billion over a year ago. Photo: Reuters