News
Apple Revenue Grows 54% YoY, Net Profit Grows 110%
Apple has published its regular quarterly report. On its reporting calendar, March 27, 2021, the second quarter of the fiscal year 2021 ended.
Quarterly revenue was $ 89.584 billion, up 54% year over year. The authors of the report clarify that two-thirds of the revenue comes from sales outside the United States.
Operating profit was $ 27.503 billion. For comparison: a year ago it amounted to $ 12.853 billion. Net profit during this time increased from $ 11.249 to $ 23.630 billion, that is, by 110%.
“This quarter reflects both the unsurpassed relevance of our products, which have helped users to face this challenging life situation, and the optimism of consumers about the future,” said Tim Cook, Apple CEO. our product line, constantly focusing on how we can help our teams and the communities of which we are a part to emerge from the pandemic with honor and into a better tomorrow. This is reflected in everything we do, from all-new iMacs, iPad Pros, and initiatives like 8 GW of new clean energy we will help bring back into the energy chain, to our $ 430 billion investment in the U.S. economy over the next five years. “
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