It looks like Apple is getting more customers to switch from Android.
As reported by CNBC, Apple CEO Tim Cook spoke with Steve Kovach about the company’s financial performance in the second quarter of 2022. According to Apple, the iPhone business grew by over five percent during the second quarter of 2022, a strong indicator that the iPhone 13 series continues to perform well.
Cook said the iPhone not only performed well, but that it experienced “strong double-digit” growth for those upgrading their iPhone, as well as those switching from Android.
“We had a record level of upgrades during the quarter, and we grew switchers, strong double-digits,” Cook told CNBC’s Steve Kovach.
The beat also suggests that Apple’s premium smartphone business may be isolated from concerns about declining consumer confidence. The increase in sales also came despite a difficult iPhone comparison from year to year since the new iPhones were launched earlier in 2021.
“It’s clearly a strong cycle,” Cook said.
Apple reported another record quarter with revenue of $ 97.3 billion in Q2 2022, an increase of nine percent and a revenue record for the March quarter.
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