It's the end of July and that means new quarterly figures for Apple. 50% more iPhones were sold and profits also increased significantly by 36% compared to last year. This growth is in line with the growth in turnover from wearables and related products (+34%) and services (+33%). The percentages are only slightly lower for Macs and iPads, but they have sold very well in the previous quarters thanks to working from home. Wearables and accessories are now bigger than iPads and Macs.
These are the numbers:
- Quarterly Revenue: $81.4 billion (was: $59.685 billion, +36%)< /li>
- iPhone revenue: $39.57 billion (was: $26.418 billion, +50%)
- Mac revenue: $8.24 billion (was: $7.079 billion, +16%)< /li>
- iPads revenue: $7.37 billion (was: $6.582 billion, +12%)
- Wearables, home and accessories revenue: $8.78 billion (was: $6.540 billion, +34%)
- Services revenue: $17.49 billion (was: $13.156 billion, +33%)
Quarterly figures FQ3 2021 in charts< /h2>
The graphs below show the development in recent quarters.
Tim Cook:
This quarter, our teams built on a period of unmatched innovation by sharing powerful new products with our users, at a time when using technology to connect people everywhere has never been more important,” said Tim Cook, Apple's CEO. “We’re continuing to press forward in our work to infuse everything we make with the values that define us — by inspiring a new generation of developers to learn to code, moving closer to our 2030 environment goal, and engaging in the urgent work of building a more equitable future.
CFO Luca Maestri:
Our record June quarter operating performance included new revenue records in each of our geographic segments, double-digit growth in each of our product categories, and a new all- time high for our installed base of active devices,” said Luca Maestri, Apple's CFO. “We generated $21 billion of operating cash flow, returned nearly $29 billion to our shareholders during the quarter, and continued to make significant investments across our business to support our long-term growth plans.
Interesting facts from the conference call
Tonight at 11:00 PM Dutch time you can listen in to a conference call in which CEO Tim Cook and CFO Luca Maestri answer questions from analysts. While there are regular hints about new products, we don't expect any real groundbreaking announcements to be made. We will discuss larger announcements in a separate article.