Tim Cook: Record number of iPhone upgrades in Q2, ‘double digit’ growth in Android converts

Following Apple’s record-setting Q2 2022 earnings release, Apple CEO Tim Cook spoke with CNBC to offer some additional details. According to Cook, the iPhone attracted a “record level” of upgraders during the quarter, and the number of people switching from Android to iPhone also grew.

Speaking to CNBC, Cook said that the iPhone 13 cycle has proven to “clearly be a strong cycle” for Apple. iPhone revenue grew from $47. 88 billion in the same quarter a year ago to $50. 57 billion in Q2 2022, an increase of 5% year over year.

CNBC reports:

Apple CEO Tim Cook stated that iPhone sales had been a success with switchers, people who have an Android phone and then decide to purchase an iPhone.

” We had an unprecedented number of upgraders in the third quarter, and we grew switchers by strong double digits,” Apple CEO Tim Cook said to Steve Kovach on CNBC. Cook stated that it was a “strong cycle.”

Apple doesn’t report unit sales on any of their products anymore, so it is not possible to know how many iPhones Apple sold in the last quarter. Apple’s iPhone sales growth occurred amid supply chain problems, but Apple seems to have weathered these difficulties quite well.

Apple also said its active install base of all product categories hit a new all-time high during Q2 2022.

You can see our complete breakdown of Apple’s earnings here.