US Stock Market Move | Apple Inc. (AAPL.US) rose by more than 5% in Q2, with both revenue and net profit achieving double-digit growth.

On Friday, the stock price of Apple Inc. (AAPL.US) rose after the release of its latest financial report. As of the time of writing, the stock had increased by over 5%, reaching $285.39. In terms of news, in the second fiscal quarter ending in March, the company achieved double-digit growth in revenue and net profit, with the core iPhone business skyrocketing by 22%. Apple Inc.'s total revenue for the second fiscal quarter reached $111.184 billion, a 17% increase from $95.359 billion in the same period last year; net profit was $29.578 billion, a 19% increase; diluted earnings per share were $2.01, a 22% increase, setting a new historical record for the March quarter. Revenue from the iPhone business for the second quarter was $56.994 billion, a 22% increase, accounting for over half of the total revenue and becoming the core support for this performance growth. It is worth noting that Apple Inc.'s services business continued its high growth trend, reaching revenue of $30.976 billion, a 16% increase, continuing to break historical records. This has also become the second growth curve that Apple Inc. has focused on in recent years and has now become a stable source of income for the company. In other business areas, revenue from the Mac business was $8.399 billion, a 6% increase; revenue from the iPad business was $6.914 billion, an 8% increase; revenue from wearable, home, and accessories business was $7.901 billion, a 5% increase.