Record fourth quarter revenue for Apple: iPhone sales + 9%
Record quarter for Apple, driven by sales of the Christmas period With the’Iphone 13 and other services. The Cupertino giant records profits beyond expectations, which spring to 34.63 billion dollars, $ 2.10 per share, from 28.76 billion the previous year, despite the bottlenecks in supplies that are slowing down the production of the industry.
In the first quarter of the year revenues increased by 11% beating the all-time record of $ 123.95 billion compared to 114.44 billion last year. Iphone sales reached 71.63 billion compared to 65.60 billion the previous year. Revenues from service grew to 19.52 billion from 15.76 billion.
Sales of Mac up by 25% to 10.85 billion, against expectations of 9.52 billion. THE revenue from iPad sales they were 7.25 billion, down 14% and below estimates of 8.18 billion. From the other products – category that includes Apple Watch And AirPods – proceeds 14.79 billion (+ 13%), against expectations of 14.59 billion.
The services, which include iCloud, Apple Music and commissions on App Store, continue to grow robustly, with an annual + 25% to 19.52 billion. The gross margin was 43.8%, against 41.7% forecasts. Once again, Apple has decided not to release one guidance for the current quarter, in line with what has been done since the beginning of the coronavirus pandemic, citing uncertainty as the reason.
Apple, Cook: “Results thanks to our most innovative line of products and services ever”
“This quarter’s record results have been made possible from our most innovative line of products and services ever“commented the CEO Tim Cook that, at the Cnbc, he explained that anyway for Apple’s “chip shortage is the biggest problem” and that the last quarter was worse than the previous one, but that the current situation should be better. In September, Apple launched the new iPhone models and last year was the first full quarter of sales for the iPhone 13, giving investors an idea of how competitive the new devices are in the market.
Yesterday, Apple’s stock – long on the rise – closed down 0.29% to $ 159.22, more than $ 23 from the record set earlier this year. In the’after-hours, shortly after the publication of the quarterly, the stock was gaining over 3%.
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