Apple reports an incredible quarter with iPhone sales up 65.5% and iPad revenue soaring by 79%

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alex mathos28 April 2021Last Update : 1 year ago
Apple reports an incredible quarter with iPhone sales up 65.5% and iPad revenue soaring by 79%
Apple has announced the results of the fiscal second quarter of 2021, and the technology giant slammed the lid off the ball. The company reported record revenue for a quarter in March of $ 89.6 billion, up 54% year-over-year. Sales of the Apple iPhone amounted to $ 47.94 billion, which is a very strong 65.5% compared to $ 28.96 billion in handsets sales that Apple recorded in the same quarter last year.

The continuation of the strong comeback started last year thanks to the pandemic, iPad sales increased by 79% from $ 4.37 billion to $ 7.81 billion. Service revenue rose slightly to $ 16.90 billion from $ 13.35 billion.

Apple had a good quarter in China, with sales amounting to $ 17.73 billion from $ 9.46 billion the year before. This is an increase of 87.4%
CEO Tim Cook said: “This quarter reflects both the sustained ways our products have helped our users face this moment in their own lives, as well as the optimism that consumers seem to be feeling better for all of us. Apple is in a period of sweeping innovation across our product range, and we focus on how we can help our teams and the communities in which we work emerge from this pandemic into a better world.It certainly begins with products like the whole new iMac and iPad Pro, but it extends to efforts like the 8 gigawatts of new clean energy we are helping to bring to the grid and our $ 430 billion investment in the United States over the next 5 years. “

After hours, Apple shares rose more than 4% in trading after hours of a weak regular trading session.

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