Sunday, January 17

Apple Earnings

Apple Earnings, Mac

Apple’s all-time high Mac sales in 2020? Thanks to the MacBook Pro

On Thursday, Apple reported its earnings for the last quarter of its fiscal year 2020, seeing a great quarter with $ 64.7 billion in revenue, despite not having some iPhone 12 orders as part of the mix. In its annual Form 10-K report filed with the SEC on Friday, Apple says its all-time high in Mac sales was largely attributed to the MacBook Pro (via MacRumors). Total revenue from Mac sales during fiscal 2020 amounted to $ 28.6 billion, a record for the company. According to Apple, the jump in Mac sales can be attributed to the MacBook Pro, which sold exceptionally well during the fiscal year. Maybe blaming the coronavirus pandemic on people who need computers to work from home? During fiscal 2020, Apple released a new 16-inch MacBook Pro and refresh your 13-inch MacBook Pr...
Apple Earnings, iPhone News

Apple 2020 Q3: Revenue of $59.7 Billion, Stock to Split 4:1

Apple has just announced its fiscal results for the third quarter of 2020 ended June 27, seeing $59.7 billion in revenue, up 11% compared to the year-ago quarter. The company says international sales took up 60% of the quarter’s revenue. “Apple’s record June quarter was driven by double-digit growth in both Products and Services and growth in each of our geographic segments,” said Tim Cook, Apple’s CEO, in a statement. “In uncertain times, this performance is a testament to the important role our products play in our customers’ lives and to Apple’s relentless innovation. This is a challenging moment for our communities, and, from Apple’s new $100 million Racial Equity and Justice Initiative to a new commitment to be carbon neutral by 2030, we’re living the principle that what ...