News Summary

• Apple’s iPhone sales and Services revenue were the stars of the show in the tech giant's most recent quarter.
• But the Mac quietly outperformed — helped by growing demand for AI workloads.Wall Street investors had expected to see Mac revenue in the low $8 billion range, but Apple reported $8.4 billion in the second quarter ended March 28.
• Apple chalked up some of the Mac growth to recent product launches, including the well-received MacBook Neo.
• But Mac revenue was flat on a quarter-over-quarter basis, suggesting this new demand has yet to scale.