Apple Inc. reported impressive financial results for the second quarter of 2024, surpassing analysts’ expectations. The tech giant’s revenue soared to $98.4 billion, a 12% increase from the same period last year, fueled by robust demand for its flagship iPhone and a surge in services revenue. The iPhone sales climbed 9% year-over-year, contributing $51.3 billion to the total revenue. Apple’s services segment, which includes offerings like Apple Music, iCloud, and the App Store, generated $20.9 billion, marking a 17% growth. The company’s wearables and home products division also witnessed a 14% increase in revenue. Apple’s CEO, Tim Cook, attributed the strong performance to the company’s unwavering focus on innovation and delivering exceptional products and services to its customers. Despite global economic challenges, Apple’s loyal customer base and diversified product lineup have enabled it to maintain its dominance in the tech industry.