Apple Breaks All Quarterly Profit Records Again

Apple has officially reported its revenues for its fiscal 2021 third quarter covering April, May and

June.Apple's revenue for the quarter was $ 81.43 billion, up 36% from the same period a year earlier, and revenue was $ 21.74 billion. Earnings per share were $ 1.30.

By comparison, the company's revenues for the same quarter last year were $ 59.7 billion and profits were $ 11.25 billion.

Apple did not provide forecasts for the thirdquarter of 2021 due to uncertainty caused by the COVID-19 pandemic, but analysts still did not lower their expectations. Even the most pessimistic of them (let's not point fingers) expected significant revenue growth. The minimum estimate was $ 65.68 billion, and the maximum was $ 77.15 billion.

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AAPL Earnings by Product Category

Apple no longer reports sales of any of its products, but instead reports a breakdown of revenue by product category. Here is the breakdown for the third quarter of fiscal year 2021:

$ 39.57 billion: iPhone (up 49.7%)
$ 8.24 billion: Mac (up 16.38%)
$ 7.37 billion: iPad (up 12%)
$ 8.78 billion: Wearables, Home & Accessories (up 36.12%)
$ 17.49 billion: services (32.90%)

Source: apple

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