Apple today announced financial results for its first fiscal quarter of 2021, which corresponds to the fourth calendar quarter of 2020.
For the quarter, Apple posted revenue of $111.4 billion and net quarterly profit of $28.8 billion, or $1.68 per diluted share, compared to revenue of $91.8 billion and net quarterly profit of $22.2 billion, or $1.25 per diluted share, in the year-ago quarter.
As expected thanks largely to the later launch of the iPhone 12 series that pushed it entirely into the first fiscal quarter rather than the traditional end of the fourth quarter, this was the best quarter in Apple’s history in terms of revenue and profit, topping the first fiscal quarter of 2020 and easily breaking through the $100 billion mark in revenue.
Read more at MacRumors.com