Apple’s quarterly revenue rises sharply due to record revenue from Mac and services

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Apple had revenue of $89.6 billion in the quarter. That is 54 percent more than in the same quarter a year earlier. Turnover rose sharply in all product categories. Macs and services accounted for record sales.

Products accounted for $72.7 billion in sales and services for $16.9 billion. Quarterly revenue from services is a new record and 27 percent higher than a year ago. Apple still gets most of its revenue from iPhone sales; $47.9 billion in the past quarter. That is 66 percent higher than in the comparable quarter a year ago.

According to Apple, those high numbers are due to the success of the iPhone 12 series. The manufacturer does not mention sales numbers or details about specific models. iPhone sales are also much higher than last year as the iPhone 12 series came out later than usual. As a result, the ‘balance for supply and demand’ was only achieved in the last quarter, Apple says.

Mac sales reached a record $9.1 billion. That is an increase of 70 percent compared to last year. Apple earned $7.8 billion from shipments of iPads, an increase of 79 percent. The Wearables, home and accessories category, which includes the Apple Watch, also performed well with $7.8 billion in revenue and 25 percent growth.

According to Apple, three in four Watch buyers are new customers who have never owned an Apple Watch before. According to the manufacturer, this indicates that a lot of growth is still possible in this segment. Net profit in the past quarter amounted to 23.6 billion dollars, converted about 19.5 billion euros.

Apple iPhone 12 mini and iPhone 12 Pro Max

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