Despite Parts Shortages, Apple’s iPhone 13 Generates Record Revenue and Profit.

Apple states that year-over-year iPhone sales increased by over 9%, indicating that there is still a strong market for 5G iPhones.

Despite the ongoing coronavirus pandemic and supply chain bottlenecks, Apple’s sales and profitability hit record highs in its 15th year on the market.

Apple’s smartphone line, from $699 iPhone 13 Mini to $1,099 iPhone 13 Pro Max, was so popular in December that sales jumped over 9% to $71.6 billion. That was more than half of the company’s overall sales, which grew 10% to $123.94 billion.