Apple released it’s second quarter earnings today and blew out even the most exuberant expectations with revenue reaching a record $89.6 billion, up 54 percent year over year. The results were fabulous across the board.
| iPhone | $47,938 million | (up 66%) |
| Mac | $9,102 million | (up 70%) |
| iPad | $7,807 million | (up 79%) |
| Wearables, Home and Accessories | $7,836 million | (up 25%) |
| Services | $16,901 million | (up 27%) |
| Total Net Sales | $89,584 million | (up 54%) |
What a great quarter. Particularly iPad and Mac were very, very strong. Just look at Mac alone — the last three quarters have each returned record earnings. Sales looking forward are predicted to be supply constrained rather than demand constrained.
More details of their earnings can be found in Apple’s Fiscal Year 2021 Second Quarter Consolidated Financial Statement.
Check out the charts at Six Colors.