"We are pleased with an all-time record for services and an iPhone record in the first quarter, despite the difficult economic environment," said Apple.CEO Tim Cook. iPhone sales brought in a total of $51.33 billion between January and March, up two percent from the same period last year and more than expected as demand for electronic devices shrank due to inflation.

According to experts, this is at least partly due to China's reopening after a long period of corona restrictions. Even though Apple made the headlines in April with the opening of its first Apple Store in India, China remains the iPhone manufacturer's most important supplier and sales market. Apple has been hit hard by China's drastic zero-Covid policy with factory closures. Only now are the complex supply chains of the US group slowly returning to normal.

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