Apple breaks records in the Christmas quarter
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Apple became the third US company to break the $ 100 billion revenue mark in one quarter. This is accompanied by the highest profit so far in a quarter. The iPhone remained Apple’s most important product with the launch of the new model.
Apple made a record profit of a good $ 28.7 billion in the Christmas quarter. The iPhone group also passed the $ 100 billion quarterly revenue mark for the first time. Only the supermarket giant Walmart and the oil company Exxon Mobil had succeeded in this before. Analysts expect Amazon to join this exclusive club in the past quarter.
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Apple: All product lines grew
At $ 111.44 billion, Apple’s revenue was 21 percent higher than a year earlier. All product lines as well as the services business contributed to the growth. In terms of profit, there was an increase of 29.3 percent in the first fiscal quarter, which ended at the end of December, as Apple announced after the US market closed on Wednesday.
Apple launched the new iPhone 12 series for the Christmas business, which is the first to be equipped for super-fast 5G cellular communications and has been given a new design for the first time in years. IPhone sales grew 17.2 percent year over year. The iPhone remains by far the most important product from Apple.
The business with subscription services such as Apple Music or iCloud storage brought in sales of almost 15.8 billion dollars – almost a quarter more than a year earlier.
Apple: Macs gained 21 percent in the fourth quarter
With Mac computers, Apple made almost $ 8.7 billion, an increase of 21 percent. In the corona crisis, notebook sales are increasing across the industry. Apple also launched Macs for the first time with processors developed in-house instead of Intel chips.
A decisive factor in the strong growth was a significant improvement in Apple’s business in China. There sales rose within one year by 57 percent to 21.3 billion dollars. dpa
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