Apple made almost $100 billion this year.

Apple told investors about its earnings for the second quarter of 2022 on Thursday. Once again, the company beat analysts’ expectations and posted huge earnings and profits across most of its product lines. The only category that saw a drop in revenue compared to last year was the iPad.

The second quarter of 2022 mainly included January, February and March 2022. During this period, Apple reported $97.3 billion in revenue, up 9 percent from last year, with a profit of $25 billion.

Apple classifies each product into one of five categories to report earnings to investors. The service category includes iCloud, App Store, Apple Card, and Apple Music. The Other Products category includes both the Apple Watch and AirPods, as well as many other products that don’t fit with other devices. The iPhone, Mac and iPad categories speak for themselves.

These are the categories and how much each earned in revenue in the second quarter:

• iPhone: $50.57 billion, up 5.5% year on year.
• Services: $19.82 billion, up 17.28%.
• Mac: $10.43 billion, up 14.73%.
• Other products: $8.82 billion, up 12.37 percent.
• iPad: $7.65 billion, down 1.92%

In a statement to investors, Apple CEO Tim Cook called users moving from Android a critical success factor for the iPhone this quarter. He credits the M1 chip family for the growth of the Mac.

As for the iPad, Cook said the product line was facing supply constraints that could limit its performance.

In addition, Apple’s board of directors authorized a $90 billion share buyback. Apple previously spent $88.3 billion on share buybacks in 2021, according to CNBC and S&P Dow Jones Indices.

Once again, Apple declined to give a forecast for the current quarter. Breaking with Wall Street tradition, the company has not done so since the start of the COVID-19 pandemic, arguing that there are too many unknowns in the global economy to make accurate forecasts.