Apple CEO Cook said the number of iPhone upgrades in the Q2 quarter was a record

After Apple released a record second quarter of fiscal 2022 earnings, Apple CEO Tim Cook talked with CNBC to provide some additional details. According to Cook, the iPhone attracted a "record level" of upgraders during the quarter, and the number of users switching from Android to iPhone also increased.

Cook said in an interview that the iPhone 13 cycle has proven to be "clearly a strong cycle" for Apple. iPhone revenue rose 5% year-over-year to $50.57 billion in the second quarter of fiscal 2022, up from $47.88 billion in the year-ago quarter.

CNBC reports:

"Apple CEO Tim Cook said the iPhone business had success in the quarter with the "replacement group," those who previously owned an Android phone but decided to buy an iPhone.

Apple CEO Tim Cook said, "We had a record number of upgrades during the quarter, and we increased our replacement base to achieve strong double-digit growth. This is clearly a strong cycle. "

Apple no longer reports sales of any of its products, so we don't know how many iPhones Apple sold during the quarter. It's also important to note that iPhone growth also faces ongoing supply chain issues, although Apple has weathered those woes relatively well with the iPhone.

Apple also said that its active installed base across all product categories hit a record high in the second quarter of fiscal 2022.

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