During Apple’s most recent earnings report call, Tim Cook seemed almost embarrassed to announce that Apple had such record revenue during a worldwide pandemic. But as a shareholder I can’t say I’m disappointed. I’m also excited that they’re once again splitting the stock, this time four to one.
From Apple:
Apple today announced financial results for its fiscal 2020 third quarter ended June 27, 2020. The Company posted quarterly revenue of $59.7 billion, an increase of 11 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.58, up 18 percent. International sales accounted for 60 percent of the quarter’s revenue.