• Investors don't seem that impressed by Apple's $111 billion quarter

    1 month ago - By TechCrunch

    On Wednesday, Apple announces that it had banked $111.4 billion of revenue in a single quarter, beating investor expectations and blowing past its previous all-time revenue record. Investors yawned with the stock down slightly in after-hours trading.
    It's a big number but it also bested analyst's forecasts for Apple's first quarter. Apple beat investor expectations on both earnings per share and revenues, delivering much more than the expected $103.3 billion in revenues and $1.68 EPS versus the $1.41 the Street had expected.
    As meme stocks like GameStop and AMC see 100%+ stock gains, it's...
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  • Apple Q1 2021 set a huge revenue record

    Apple Q1 2021 set a huge revenue record

    1 month ago - By SlashGear

    It's that time of the year already: Apple has announced the results of its first fiscal quarter in 2021, announcing all-time high revenue with a massive 21-percent year-over-year increase. Apple made $111.4 billion in revenue with 64-percent of it coming from international sales. The company also announced record revenue across iPhone, Wearables, and Services. Apple has detailed its earnings during...
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  • Strong gains in iPad and iPhone revenue for the fiscal first quarter paces Apple

    Strong gains in iPad and iPhone revenue for the fiscal first quarter paces Apple

    1 month ago - By Phone Arena

    Reported its fiscal first quarter 2021 earnings figures just moments ago. As expected, led by its first 5G iPhone models, the company saw a huge surge in handset sales from $56 billion to $65.6 billion. The 17% year-over-year increase in handset sales allowed Apple to surpass Wall Street expectations of $59.8 billion. The global pandemic continued to increase demand for the iPad. People continue to work from home using tablets and kids are using the device for remote learning and for entertainment. As a result, iPad revenue for the fiscal first quarter jumped 41% on an annual basis from...
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  • Apple reports $111 billion in quarterly revenue, shattering previous record

    1 month ago - By Engadget

    Many suspected the launch of Apple's new iPhone 12 series would mean big things for the company's financials - now we're getting our first look at just how true that was. In its just-released Q1 2021 earnings, Apple reported raking in a total of $111...
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  • Apple hits $100 billion in Quarterly Revenue

    1 month ago - By WMPoweruser

    Apple has released its quarterly financials for Q1 and managed to hit the numbers out of the ballpark with a record-breaking $111.44 billion in revenue, up from $91.8 billion a year earlier. The numbers exceeded analyst expectations, who expected revenue of $103 billion. The income broke down into the following categories: $ 65.6 billion iPhones...
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  • Apple fiscal Q1 revenue $111.4 billion, profit $1.68 per share crush expectations

    1 month ago - By ZDnet

    The iPhone maker's revenue beat expectations by a cool $8 billion dollars.
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  • Apple earns over $100 billion in quarterly revenue for the first time ever

    Apple earns over $100 billion in quarterly revenue for the first time ever

    1 month ago - By MobileSyrup

    In the tech giant's fiscal Q1 2021 earnings report, Apple revealed that it crossed the $100 billion USD in quarterly revenue mark for the first time in the company's history by bringing in $111.4 billion USD in total and $1.68 USD per share.
    This earnings report includes iPhone 12, iPhone 12 mini , iPhone 12 Pro and iPhone 12 Pro Max sales, which amounted to $65 billion USD in revenue, another all-time record for the company. The previous highest iPhone revenue quarter was $61.58 billion USD in the first quarter of 2018.
    It will be interesting to see if the predicted “super cycle” of...
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  • Apple surpasses $100 billion in quarterly revenue for first time in its history

    Apple surpasses $100 billion in quarterly revenue for first time in its history

    1 month ago - By The Verge

    Photo by Vjeran Pavic / The Verge
    Apple today reported its fiscal Q1 2021 earnings, which cover the final calendar quarter of 2020 and the holiday sales season. That means this is the first time we're getting a real indication of how the new iPhone 12 , iPhone 12 mini , iPhone 12 Pro , and iPhone 12 Pro Max are faring with consumers. As it turns out, they're doing very well. Apple crossed $100 billion in quarterly revenue for the first time in the company's history: it brought in $111.4 billion in total, with earnings per share of $1.68.
    The latest iPhones went on sale a bit later than...
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  • Apple posts Q1 earnings and delivers record-breaking $111 billion in revenue

    Apple posts Q1 earnings and delivers record-breaking $111 billion in revenue

    1 month ago - By TheBoyGeniusReport

    With all of the insanity surrounding the meteoric rise of Gamestop shares in recent days, you might have forgotten that earnings season is upon us. With the holiday quarter now firmly in the rear-view, a slew of bluechip tech companies are slated to release their earnings report for the holiday quarter over the next few days.
    Earlier today, Apple posted its Q1 earnings report and delivered a record-breaking $111.44 billion in revenue and EPS of 1.68. As a point of contrast, Apple during the same quarter a year-ago posted revenue of $91.8 billion and EPS of $4.99.
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