Apple generated revenue of $94.04 billion, beating analysts' expectations, up 10% from a year ago.

In the second quarter, Apple had a strong second-quarter, with revenue of $94.04 billion, ahead of estimates of $89.53 billion. iPhone revenue rose 13% to $44.58 billion and Mac revenue rose 15% to $8.05 billion. The services division generated $27.42 billion, an increase of 13.3%. Tim Cook announced increased investment in artificial intelligence and an openness to acquisitions in this area.