Home Economy The third quarter of 2021 is a record for Apple

The third quarter of 2021 is a record for Apple

The third quarter of 2021 is a record for Apple

Apple reported earnings per share of $1.30 – a total of $21.74 billion. In the same quarter of the previous year, Apple had sales of $59.7 billion and profits of $11.25 billion. That was in the middle of the epidemic.

Apple Chief Financial Officer Luca Maestri said of the encouraging numbers: “Record operating performance in the June quarter included new sales records in each of our geographical segments, double-digit growth in each of our product categories, and a new all-time high for our active installed hardware base.”.

“We generated $21 billion in operating cash flow, distributed approximately $29 billion to our shareholders during the quarter, and continued to make significant investments across our business.”

Apple no longer reports the number of units sold, but it does show how sales and sales growth is distributed for each device category.

Apple made $39.57 billion from iPhone in the third quarter, up 49.7% year over year. The additional percentage for Macs is 16.38 percent, which is 12 percent higher for iPads than the previous year.

A 36.12% increase in sales was achieved with wearable, home and accessories and a 32.90% increase year-over-year with services.

Do we also have Apple shareholders here?

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