iPhones Continue to Be a Bright Spot for Apple, Even in a Tough Economy

From CNET: Apple's iPhone success still isn't slowing down, with the tech giant on Thursday announcing iPhone sales reached a record number for the March quarter, bringing in $51.3 billion in revenue.

There are now over 1 billion active iPhone devices, Apple said on Thursday while announcing earnings for its fiscal second quarter that ended April 1.

iPhone sales are expected to continue, with the company likely releasing its iPhone 15 lineup in the fall. The new phones are rumored to include a USB-C port instead of Lightning; the Dynamic Island on all models; more RAM in the iPhone 15 Pro to make room for a possible A17 Bionic chipset; a periscope-style telephoto lens on the Pro Max; and a new luxe device called the iPhone 15 Ultra.

Another bright spot in its second-quarter earnings was Apple services, the segment that includes the App Store, Apple TV Plus, Apple Music and Apple Arcade, hitting record quarterly revenue of $20.9 billion.

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