Apple starts 2021 strong with $89.6 billion in revenue
CNN
Apple's steady stream of hardware upgrades and new services launched throughout the pandemic has held the company in good stead going into 2021.
The company on Wednesday reported revenues of $89.6 billion and a profit of $23.6 billion for the three months ending March 27, blowing past analyst forecasts. Apple shares surged more than 3% after-hours following the report. iPhone sales were at nearly $48 billion, a 65% increase over the same quarter last year, as consumers continued shelling out the big bucks to upgrade to Apple's first 5G smartphone lineup. The company's overall product sales were $72.6 billion, buoyed by the launch of new iPads, the Apple Watch Series 6 and an updated range of MacBooks with Apple's in-house silicon chips.More Related News
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