Apple's 111.439 billion in its highest-selling quarter in history
In the past three months - the first of its fiscal year 2021 - Apple earned $111.439 billion, the highest quarterly revenue figure ever recorded by the company, and made a profit of $28.755 billion, 29% more than in the same period a year ago.
This record turnover was driven by the recovery in iPhone phone sales - after a year of declining figures - which rose 17% year-on-year in the past three months and earned the Cupertino (California, USA) company $65.597 billion in revenue.
Overall, the company's entire hardware business saw a significant revival, as in addition to the iPhone, revenue from Mac computers rose 21% and revenue from iPad tablet sales soared 41%.
Between October and December, Apple shareholders pocketed $1.70 per share, up from $1.26 a year ago.
The accounts presented on Wednesday are the first to reflect sales of the company's latest phone model, the iPhone 12, the first to support ultra-high-speed 5G internet networks, equipped with an OLED display and available in three sizes: standard, Mini and Pro Max.
As well as coinciding with the company's traditionally high-sales Christmas period and the launch of new hardware models, the strong growth in revenue over the past three months is also explained by the effects of the covid-19 pandemic, which has encouraged teleworking and internet-based entertainment.
"We are pleased by the enthusiastic response from consumers to the next-generation product line we introduced in a historic holiday season," said Tim Cook, the company's CEO, when presenting the results.
Despite the company's record numbers, Apple shares responded lower on the stock markets, falling 0.18% to $141.72 per share in electronic trading after the close of trading in New York.