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iPhone brought almost twice more revenue than a year earlier

Yesterday, July 27, Apple representatives officially reported on the third quarter of 2021, which the company lasted from April to June inclusive. It is worth noting that despite the coronavirus, periodic supply problems, and other market problems, the manufacturer managed to set new sales records. For example, Apple’s revenue grew by 36% compared to the third quarter of 2020, surpassing the $ 81 billion mark. Last year, the company managed to achieve “only” 51.9 billion revenue, so that growth from year to year is really noticeable.

Accordingly, the company’s net profit also increased – according to the results of the third quarter, it amounted to $ 21.74 billion, or $ 1.3 per share.

“We are seeing revenue records in each geographic region, and we are seeing significant growth in each of our product categories. We also managed to generate net income of over $ 21 billion, returning almost $ 29 billion to our shareholders during the quarter. And of course, we continue to invest significant resources in our products to support our long-term growth plans, ”said Luca Maestri, Apple’s CFO.

At the same time, of course, smartphones brought the lion’s share of revenue – out of $ 81 billion, iPhones account for 39.57 billion, which is almost twice as much as in the third quarter of last year (then revenue from smartphone sales amounted to $ 26.4 billion). But in other segments, Apple’s growth is not so significant – Mac computers brought 8.24 billion, while a year earlier, the company earned 7.1 billion. Similar growth is seen in the iPad, wearable, and smart home gadgets. But revenue from services reached $ 17.5 billion – 5 billion more than last year.

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