2021-02-27

Apple Q1 2021 Results: Record-Breaking Revenue and Profit

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Apple Newsroom:

Apple today announced financial results for its fiscal 2021 first
quarter ended December 26, 2020. The Company posted all-time
record revenue of $111.4 billion, up 21 percent year over year,
and quarterly earnings per diluted share of $1.68, up 35 percent.
International sales accounted for 64 percent of the quarter’s
revenue. […]

“Our December quarter business performance was fueled by
double-digit growth in each product category, which drove all-time
revenue records in each of our geographic segments and an all-time
high for our installed base of active devices,” said Luca Maestri,
Apple’s CFO.

Double-digit growth in every category. That’s the story. Apple’s no GameStop, but they have a nice little business selling phones, computers, and services.