Every quarter, Apple CEO Tim Cook and Apple CFO Luca Maestri make statements and take questions from financial analysts on a conference call. This is the transcript of the call for April 28, 2022.

Tim Cook’s opening remarks Thank you Tejas. Good afternoon, everyone. And thank you for joining us today. Apple is proud to report another record quarter with a March quarter revenue record of $97.3 billion, up 9% from a year ago and better than we anticipated. iPhone, Mac, and Wearables, Home and Accessories had their best-ever March quarter, and services set an all-time record on the strength of subscription growth over the past year.

Before I get into details, I want to take a moment to acknowledge the humanitarian tragedy unfolding in Ukraine. We’re continuing to do everything we can to support our teams in the region, and we are donating to humanitarian efforts on the ground. We’ve also committed to donating products, to support refugees arriving here in the United States.

I also want to speak to the unpredictable nature of the pandemic. We are excited to be welcoming employees back to the offices in the U.S. and Europe. At the same time, we are monitoring COVID related disruptions in China.…