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Tuesday 27 July 2021

Apple reports $21.7 billion profit on $81.4 billion revenue in FY Q3 2021; iPhone revenue up 50% YoY despite demand

Apple has reported quarterly revenue of $81.4 billion, an increase of 36% from a year ago. It posted a net profit of $21.7 billion, up 92.8% YoY and quarterly earnings per diluted share of $1.30 for the financial year Q3 2021 that ended June 26, 2020. During the earnings call, CEO Tim Cook said that … Continue reading "Apple reports $21.7 billion profit on $81.4 billion revenue in FY Q3 2021; iPhone revenue up 50% YoY despite demand"