Due to strong demand in China and other emerging economies, revenue from iPhone gross sales broke new ground, the company revealed on Thursday.
Nevertheless, the excessive Q3 revenue needed to be increased to stop Apple's overall efficiency from declining.
Following value increases and the release of the iPhone 15, a total of $43.8 billion (£35.9 billion) was raised through iPhone sales alone.
The starting price of the iPhone 15 Pro Max was $1,200, which was $100 more than the new model released the previous year. In the UK, the devices are available for £999, with the larger screen model costing £1,199.
Subscription goods had also seen price increases, including its movie streaming service, which was increased to $10 per month, or £8.99 in the UK.
Wall Street was surprised by the overall gross sales and revenue figures, supported by Apple's phone sales and an all-time record high in the company's income.
Massive declines in Mac and iPad gross sales were offset by an additional $1 billion in company revenue from the App Store, iCloud, marketing, and fee-based business components. Nevertheless, overall revenues fell for the fourth consecutive three-month period.
The total revenue reached $89.5 billion, a 1% decrease from the same period a year earlier, as consumer demand declined and the purchasing power of consumers was undermined by inflation and high borrowing costs.
However, a 2% decline in income was caused by global strikes against change charges.
Apple's supply chain problems remain, as CEO Tim Cook said that the iPhone 15 and the new Pro Max phones are experiencing limitations.
Manufacturing in China, where iPhones are manufactured, was hampered last year due to COVID lockdowns.
Just before the commencement of the relevant quarter, Apple transformed the flagship company's valuation to $3 trillion (£2.4 trillion).
Apple announced that about $25 billion (£20.4 billion) was distributed to shareholders throughout the period, which was great news for traders.
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