The technology giant reported revenue for the quarter of $61.1bn (£44.9 billion), up 16% on the same time a year ago.
Apple's attempt at the smart speaker market has been slow on catching up on sales as opposed to it's Amazon & Google counterparts which have caused production cuts.
Wall Street had been anxious for months that demand for the iPhone X was dropping. "Our objective over time is to go in there with all of our different initiatives from retail and everything else", said Cook during the company's earnings call. Here's a look at the key numbers and trends from Apple's Q2 2018 results.
Announcing sales figures for the three-month period ending March 31, Apple said it sold 52.2 million handsets, up from 50.7 million a year ago, though down from 77.3 million during the previous quarter, which includes the busy holiday period.
Apple has been at a challenging crossroads this year with sales of its flagship iPhone X disappointing many observers. While the company still hasn't shared Apple Watch sales specifics, Cook said that Apple Watch revenue grew by double digits year-over-year, achieving a new March quarter record. Analysts now project revenues of $52.04 billion. Macs did not have a great second quarter with Apple shipping over 4.07 million units, which was a negative 3 per cent growth on an yearly basis.
Average selling prices for iPhones were $728, compared with Wall Street expectations of $742.
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That helped the company earn almost $14 billion in its fiscal second quarter, a 25 percent increase from a year ago.
Cook was asked if he feels the iPhone market is saturated and not much room is left for growth even as potential exists in emerging markets like India. Cook also said this was the most popular smartphone in all of China for the quarter and has done well in the market.
He noted strong revenue growth in iPhone, services and wearables.
Apple head bean-counter Luca Maestri said the company now has 270 million paid subscribers across its applications and services.
The maker of iPhones, iPads and other products posted revenue of $61.14 billion in the period, also exceeding Street forecasts. You're not our product.
While talking about the Indian operations, Cook said, "We set a new first-half record". Frankly, we're a little shocked that number hasn't dipped further considering the company's general lack of visible work on its computers.