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Good reports for Apple: Sales of over $ 100 billion in the quarter

The iPhone and iPad maker, which plans to enter the world of electric vehicles, posted a strong quarter despite restrictions as a result of the Corona crisis.

Apple did not provide a forecast, but iPhone sales jumped 17% thanks to the new iPhone 12

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Globes service

Wednesday, 27 January 2021, 23:35

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Tim Cook and Apple do not stop (Photo: Reuters)

Trading giant Apple released tonight after closing the reports for the first fiscal quarter of the year, which embodies the consequences of the closure in some parts of the world due to the corona, and yet for the first time in the company's history it shows sales of over $ 100 billion in the quarter.

Apple posted $ 1.68 earnings per share on revenue of $ 103.28 billion.

Analysts had expected earnings of $ 1.41 per share on revenue of $ 103.28 billion.

IPhone sales jumped 17%, thanks in part to the new iPhone 12, and totaled $ 65.6 billion.

Apple, on the other hand, did not provide a forward-looking forecast in the shadow of the global crisis.

Revenues from other products, such as the iPhone, iPad and services, also exceeded analysts' forecasts.

Its sales to Apple of wearable products totaled $ 12.97 billion - above revenue forecasts of $ 11.8 billion.

IPad sales totaled $ 8.44 billion, compared to analysts' expected revenue of $ 7.57 billion.

Its product sales also exceeded forecasts and totaled $ 95.68 billion.

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