Apple released their first quarter earnings today and it was great news for the Cupertino lifestyle company1.
The company posted all time record revenue of $111.4 billion, up 21% year-over-year, and quarterly earnings per diluted share of $1.68, up 35%.
Net sales by category in the three months ending December 26, 2020 compared with the three months ending on December 28, 2019:
- iPhone $ 65 597 000 up $9 640 000 (17% growth year over year with an all-time high of 1 billion devices activated)
- Mac $8 675 000 up $1 515 000 (Up 21% compared to last year)
- iPad $8 435 000 up $2 458 000 (Surveys measure iPad users with 94% satisfaction)
- Wearables, Home and Accessories $12 971 000 up $2 961 000 (75% of customers this quarter are new)
- Services $15 761 000 up $3 046 000 (New services are all helping this category)
- Total Net sales $111 439 000 — Up $19 620 000
This is fantastic news for shareholders. Apple continues to show strong growth in all of it’s categories. The details of their earnings can be found in their First Quarter Results.
Update: As always Jason Snell has the graphs.
1. Poor Intel