Apple has released its recent quarterly results. The company has said that it has generated a revenue of $90.8 billion in the last quarter, which is 4.21 per cent less as compared to the same quarter last year. The company's income has decreased due to year-on-year negative impact on foreign exchange. 

However, despite this, the company is still profitable. The brand has made a profit of 23.6 billion dollars, which is 2.47 per cent less than last year. During the earnings call, Apple CEO Tim Cook said that the company has achieved record revenue in more than a dozen regions and countries. 

Sales increased in many markets

The company has recorded record earnings in the March quarter in Latin America and the Middle East along with Canada, India, Spain and Turkey. Apple says that they are seeing positive growth in many markets including China. Compared to last year, product revenue has declined by 10 per cent to $66.9 billion. 

Apple says that it is also investing in solar power and wind power in America and Europe. Talking about India, the company's growth here has been in double digits. TikTok said, 'As I have said before, I see it (India) as an incredible market and it is the main focus for us.'

There is a lot of potential in India- Tim Cook

He said that we have opened only a few stores in India last year, and we see a lot of potential there. We will continue to expand our channels. Along with this, we are also working on the developers' ecosystem. We are very happy that there are fast-growing developers here. 

Let us tell you that the company's income through iPhone has been 46 billion dollars, which is 10 percent less than last year. Whereas the revenue of iPad per cent billion dollars, which is 17 per cent less the an last year.

However, Mac's revenue has percented. This is 7.5 billion dollars, which is 4 percent more than last year. The revenue of wearables, per cent accessories, has also declined by 10 percent to Rs 7.9 billion. The number of paid subscribers per cell for the services of the company has increased to 1 billion dollars.