Apple has reported results for the first quarter of fiscal 2021, which ended on December 26, 2020.
The company posted revenue for the quarter of $ 111.4 billion, up 21% year-over-year, setting a record in company history, while net income per share for the quarter was $ 1.68, up 35%. . International sales represented 64% of quarterly revenue.
The iPhone, Wearable and Services categories have generated the highest earnings in the company’s history. The iPhone 12 line has been more than successful, generating not only an increase in profits, but also a spike in the number of updates from old iPhone models to new and Android user transitions. The most popular were the iPhone 12 Pro models.
Apple CEO Tim Cook said:
For Apple, this quarter would not have been possible without the tireless innovation and innovation of all members of the Apple team around the world. We are delighted that customers have enthusiastically embraced our unmatched line of cutting edge products that we have delivered this historic holiday season. We are also focused on helping the communities we are a part of through efforts like our Justice and Racial Equality Initiative, as well as our multi-year commitment to invest $ 350 billion across the United States. “
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