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  • https://mobiletony.com - Apple Financial Reporting for the Quarter to March 2021 - Exceeding Forecasts with 54% Annual Growth

    Apple Financial Reporting for the Quarter to March 2021 - Exceeding Forecasts with 54% Annual Growth
    22 Days, 10 Hours ago


    Tags:  Statistics  -  Financial-Report  -  Apple

    On Wednesday, April 28, 2021, Apple released its financial report for the quarter ending March 27, 2021; According to the report, Apple's revenue during this period reached 89.6 billion dollars, which shows a 54% annual growth. Apple's operating profit and net profit for the period were $ 27.5 billion and $ 23.6 billion, respectively, which increased by 114 and 110 percent compared to the same period last year. Reduced earnings per share of Apple during this period were announced at $ 1.40, and the share of global markets in Apple's revenue this quarter was 67%. Shares of Apple rose 4 percent after the report and after-hours trading.

    https://mobiletony.com Apple Financial Reporting for the Quarter to March 2021 - Exceeding Forecasts with 54% Annual Growth IPhone 12) has a certain distance, but its 54% growth compared to the first quarter of last year speaks of a big change in the structure of the company, which, along with the opening of all 270 physical stores in the United States in the second quarter, can be a distance. Getting out of the Corona recession, he said, has also surpassed Wall Street's projected $ 77.36 billion. A key point is that Apple's iPhone product line has not been affected by the global crisis of chip shortages, which has plagued all major brands for some time, and although it eventually took over Apple's Mac and iPad product line, it still bites iPhones. The company has not imported. </p> <p> Apple CEO Tim Cook sees the quarterly results as a simultaneous reflection of the kind of help provided by Apple products to meet user needs and consumer optimism about better days ahead.

     Apple Financial Reporting for the Quarter to March 2021 - Exceeding Forecasts with 54 % Annual Growth Tim Cook, CEO of Apple

    Luca Maestri, Apple's Chief Financial Officer "These results have allowed us to generate $ 24 billion in operating cash flow and return nearly $ 23 billion to shareholders during the quarter," he said, referring to product categorization and the company's highest number of active devices in history. . "We are confident of our future and will continue to make significant investments to support our long-term plans and enrich our customers' lives."

    Among geographic regions, the US market with revenue of $ 34.30 billion still has the highest share of product sales. This company owns. Europe with $ 22.26 billion, China with $ 17.72 billion and Japan with $ 7.74 billion are next on the table. Apple's gross profit margin was 42.5 percent this time, while Wall Street had forecast it at 39.8 percent.

    Next look at the revenue and profits of various parts of Apple in the quarter ended 27 March 2021. Apple's iPhones continue to be the company's highest-grossing revenue, accounting for more than 53 percent of Apple's total revenue this quarter, with revenue of $ 47.938 billion. IPhone revenue increased by 65.5% compared to last year, the most important reason being the widespread public acceptance of 5G technology in the new iPhone 12 series. Apple iPhone's revenue, of course, is still a long way from the $ 65.6 billion revenue explosion in the final quarter of 2020, which, of course, is due in large part to the symmetry between the 5G offering and the holiday season.

    https://mobiletony.com Apple Financial Reporting for the Quarter to March 2021 - Exceeding Forecasts with 54% Annual Growth Apple iPhone 12 Pro

    As usual, Apple did not provide statistics on the number of iPhones released to the market this time, but according to IDC reports from the smartphone market in the first quarter of 2021, this figure was close to 55.2 million, an increase over the previous year. 50.4% has been encountered. Wall Street has already forecast the launch of 220 million iPhones this year, which, according to data from statistical institutes, does not seem far off.

    Apple's revenue in the iPad tablet segment reached 7.80 $ 1 billion shows a significant increase of 78.7% over the previous year. The iPad part, however, will be a concern for observers and, of course, Apple shareholders in the future, as it, along with Macs, is one of the few parts of the world affected by chip shortages, and it is still not possible to comment on its future, at least in the short term. کرد.

    https://mobiletony.com Apple Financial Reporting for the Quarter to March 2021 - Exceeding Forecasts with 54% Annual Growth Apple iPad Air 2020

    The Mac PC sector, while in the first quarter of last year with revenue of only $ 5.35 billion, a decrease of 3% compared to the previous year, this time with a big leap to a whopping $ 9.1 billion in revenue and annual increase Has achieved 70%. Accelerating this unparalleled growth from Tim Cook's point of view is related to the introduction of Mac laptops with the company's proprietary M1 chip, which replaces conventional Intel processors and leads to higher battery life. Like the iPad tablets, this is one of the areas facing the global chip shortage crisis, and some reports suggest that some Mac models may be delayed.

    https://mobiletony.com Apple Financial Reporting for the Quarter to March 2021 - Exceeding Forecasts with 54% Annual Growth Apple MacBook Pro

    Apple Wear, Home & Accessories, which houses some of the company's most popular products and one of its most important, the Apple Watch, sold $ 6.28 billion last year, providing the highest revenue growth ever. It was Apple products. This trend has changed this year, and while revenue of $ 7.83 billion is still a significant increase over the previous year, its 24.7% growth is now the lowest of Apple's other subsidiaries. Wall Street had forecast revenue of $ 7.79 billion for this segment, which is not much different from the current result.

    https://mobiletony.com Apple Financial Reporting for the Quarter to March 2021 - Exceeding Forecasts with 54% Annual Growth Apple HomePod mini

    ​​Apple Services and Services section which is separate from subcategories such as App Store, Apple Music, + Apple TV, iCloud, Apple Pay, Apple Care and Apple Card, which also recently included the Apple One service, generated revenue of $ 16.90 billion in the first quarter of 2021, up from a record $ 13.34 billion on the same day last year. Has increased by 26.6 percent. Wall Street forecast for this episode was $ 15.57 billion, which in practice exceeded more than $ 1.3 billion. Services is still Apple's second-largest source of revenue after the iPhone, accounting for 18.8 percent of Apple revenue this year.

     Apple Financial Reporting for the Quarter to March 2021 - Exceeding Forecasts with 54% Annual Growth

    But last quarter the subject of this report, along with the quarter ending December 2020, was the second consecutive quarter with double-digit growth for all Apple product categories, and thus due to the gradual reduction of restrictions due to the Corona pandemic (at least in the US Apple's main target markets can be viewed with a very positive outlook on the company's future in the next season. Source: Apple





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