It also set records in Latin America, the Middle East and South Asia.2:03 pm: Services set an all-time revenue record and the company has made almost $100 billion in revenue from services in the last year, and it has 2.35 billion active devices.2:05 pm: He's talking up Apple Intelligence, noting the countries that it's expanded to during the quarter since its launch in October, and upcoming language support including French, German, Italian, Portuguese, Spanish, Japanese, Korean and simplified Chinese as well as localized English to Singapore and India.2:06 pm: He also cites privacy, claiming that "Apple intelligence is a breakthrough for privacy and AI with innovations like private cloud compute, which extends the industry leading security and privacy of Apple devices into the cloud".2:06 pm: Now we're moving to results, starting with iPhone, at $69.1 billion, reaching iPhone revenue records in "dozens of markets and regions".2:07 pm: Mac revenue was $9 billion, up 16% year over year, driven by "significant excitement around the world for our latest Mac lineup".2:07 pm: "It's a launch pad to enable users to bring their best ideas and boldest creations to life".2:08 pm: "Every product in the Mac lineup offers something extraordinary, whether that's the super portable MacBook Air, the powerhouse MacBook Pro, the world's best all in one iMac, or the small wonder that is the Mac Mini, which is not only stunningly capable, but as our first carbon neutral, Mac.
Services margin was 75%, up 100 basis points thanks to mix.Gross margin was 46.9 overall, up 70bp.2:16 pm: This strong business performance resulted in all time records for both net income at $36.3 billion and diluted earnings per share of $2.40, up 10% year over year.2:17 pm: iPhone "grew in the majority of markets we track and reached all time revenue records in several developed markets, including Canada, Western Europe and Japan, and in emerging markets like Latin America, the Middle East and South Asia.
Additionally, customer satisfaction in the US was recently measured at 94%".2:18 pm: "iPad revenue was $8.1 billion, up 15% year over year, driven by the new iPad Mini and latest iPad Air, the iPad install base reached another all time high, and over half of the customers who purchased an iPad during the quarter were new to the product.
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