Apple posted record revenue last quarter of $83 billion, an increase of 2% over the previous year, despite all the uncertainty. Android users helped Apple to achieve this feat.
Here’s Tim Cook, Apple CEO, said this during the announcement of financial results. “Moving towards the iPhone. We have set a record for user adoption and revenue in June quarter.
Apple refers to users who move to an iPhone from another platform as “Switchers”. After Windows Phone’s death, the other platform is exclusively Android.
Luca Maestri, Apple’s Chief Financial Officer, stated that the iPhone active base has reached a new record in all regions due to this high level of sales and unrivalled customer loyalty. According to 451 Research, 98% of iPhone customers are satisfied with their purchase. In June, we saw a record number switchers with strong double-digit year-over-year growth.
According to Apple, this confirms the analyst reports that Android users are losing interest. In recent years, the popularity of Google’s mobile OS has declined. The market share has decreased from 77.32% down to 69.74% in just four years.