Apple Inc. reported fiscal second-quarter revenue of $111.2 billion, above analyst expectations of $109.7 billion, driven by strong demand for iPhone and Mac products. Revenue rose 17% year over year, exceeding the company’s own guidance range of 13% to 16%. Growth was supported by new March product launches, including the MacBook Neo and iPhone 17e, with the Neo model selling out at several retailers. The results extend a strong holiday-quarter performance and come as Apple navigates chip suppl

Apple Inc. reported fiscal second-quarter revenue of $111.2 billion, above analyst expectations of $109.7 billion, driven by strong demand for iPhone and Mac products. Revenue rose 17% year over year, exceeding the company’s own guidance range of 13% to 16%. Growth was supported by new March product launches, including the MacBook Neo and iPhone 17e, with the Neo model selling out at several retailers. The results extend a strong holiday-quarter performance and come as Apple navigates chip supply constraints and intensifying competition in artificial intelligence, where it is seen as lagging peers.