Well, Apple has reported their quarterly earnings, and they are really earnings the big bucks time to time. “Revenue up 54 percent to new March quarter record and Services and Mac revenue reach new all-time high.”
The new Apple iPhone 12 series are really performing well in terms of sales, and same for the new M1 Macs too. The performance that they offer was a huge upgrade from the previous generation devices.
“This quarter reflects both the enduring ways our products have helped our users meet this moment in their own lives, as well as the optimism consumers seem to feel about better days ahead for all of us,” said Tim Cook, Apple’s CEO.
Due to the ongoing pandemic, people are definitely in need of devices, and if their budget allows then why not Apple, it’s one of the best one out there for the usage and productivity.
This Q2 earnings are right after the time, the first Quarter and end of 2020 when they hit the $100 billion mark for the first time in the history.
And this time they’ve hit around $89.5 billion in sales, with $1.41 earnings per share.
Just last week, Apple wrapped with their Spring Loaded event, with couple of new announcements, starting from a new colour in iPhone, to their long-awaited AirTags, updated iPad Pro now with the M1 Chip inside, a whole new redesigned M1 iMacs and Apple TV 4K streaming device.
Now let’s see, how these new device deliver in terms of performance and sales.
Apple’s fiscal quarters earnings continues with a legal backdrop, the lawsuit against the Fortnite developers Epic Games. Both the companies have faced depositions and they have been filed too, and now later the senior executives are expected to provide testimony starting next week.