Apple Services and Wearables Revenue Shine In Quarterly Report

Apple’s services revenue, driven by App Store sales, subscriptions, Apple Pay and AppleCare set a quarterly revenue record of $13.3 billion. Wearables revenue, including AirPods and the Apple Watch, brought in $6.3 billion.

Overall revenue was up slightly from last year, despite the entire quarter being impacted by the pandemic in China, and the end of the quarter being slowed by the pandemic worldwide. Apple increased its stock dividend, but declined to give any guidance for the next quarter due to worldwide uncertainty.