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iPad Sales Help 'Bail Out' Apple Amid a Continued iPhone Slide


Apple reported a new June quarter revenue record of $85.8 billion, up 5 percent from a year ago, fueled largely by new iPad sales. iPad "saw the biggest category increase for the quarter, up from $5.8 billion to $7.2 billion year-over-year," reports TechCrunch. It helped counter slowed iPhone revenu...

Apple reported a new June quarter revenue record of $85.8 billion, up 5 percent from a year ago, fueled largely by new iPad sales. The drop in Apple's third-largest region (behind the Americas and Europe) had a clear impact on the company's bottom line. The news puts additional pressure on the generative AI strategy that the company laid out at WWDC in June.

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