Apple’s Q2 results are out, iPhone 17 lineup is the most popular ever

Apple has announced its financial results for the quarter ending March 28. In a press release, the company reported revenue of $111.2 billion, marking a 17 percent increase compared to Q2 last year. Apple also noted that the iPhone 17 lineup is its most popular to date.

Tim Cook, Apple’s CEO, said the company delivered its best-ever March quarter, with the iPhone also posting a record March performance. He added that Apple’s Services segment reached an all-time high.

Meanwhile, Apple’s CFO Kevan Parekh revealed that Apple generated over $28 billion in operating cash flow. In a…