This post is in partnership with Fortune, which offers the latest business and finance news. Read the article below originally published at Fortune.com.
Tim Cook reported Tuesday that Mac sales grew almost 18% year over year in the June quarter while the rest of the PC market shrank by nearly 2%.
And the Mac is the most profitable PC on the market. By far.
“Indeed,” writes Asymco‘s Horace Dediu, “it’s more profitable than all the other vendors put together.”
For the rest of the story, go to Fortune.com.
More Must-Reads From TIME
- Jane Fonda Champions Climate Action for Every Generation
- Biden’s Campaign Is In Trouble. Will the Turnaround Plan Work?
- Why We're Spending So Much Money Now
- The Financial Influencers Women Actually Want to Listen To
- Breaker Sunny Choi Is Heading to Paris
- Why TV Can’t Stop Making Silly Shows About Lady Journalists
- The Case for Wearing Shoes in the House
- Want Weekly Recs on What to Watch, Read, and More? Sign Up for Worth Your Time
Contact us at letters@time.com