Apple’s record-breaking $89.6B quarter by the numbers

Apple disclosed it had earned $89.6 billion in total revenue across all sectors. This total set a new March quarter record for the company and represented a 54% year-over-year improvement.

Net profit rose a staggering 110% to hit $23.6 billion.

The Q2 gross margin reached 42.5% and is up from the year-ago quarter when it hit 38.4%.

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On a regional basis, Apple’s most considerable revenue stream stems from the Americas at $34.3 billion. That represents a 34.7% increase over Q2 2020.

Following is Europe at $22.3 billion, up 55.8%. Japan was next at $7.7 billion, increasing 47.7% year-over-year. The rest of Asia-Pacific (APAC) produced $7.5 billion, up 94.2%.

Greater China continues to be a significant growth area for Apple.