Y
Yoni Heisler
Guest
Earnings season is upon us and, per usual, all eyes in the tech world are laser-focused on Apple's Q3 earnings report. A short while ago, Apple posted its earnings results for the June quarter and delivered $81.43 billion in revenue and EPS of $1.3. Of that figure, Apple posted a profit of $21.7 billion for the quarter. Notably, analysts were anticipating revenue in the $72.9 billion range for the quarter. As a point of reference, Apple during the June quarter of 2020 posted revenue of $59.7 billion, a quarterly profit of $11.25 billion, and split-adjusted EPS of $2.58.
Impressively, and somewhat surprisingly, Apple's bottom line wasn't impacted by the COVID-19 pandemic in a meaningful way. If anything, Apple saw its revenue skyrocket over the past 12-15 months. This can be attributed to a strong product lineup along with remote workers purchasing new iPad and Macs en masse.
Today's Top Deal
Amazon's Fire TV Stick 4K just got a surprise 20% discount!
Price: $39.99
You Save: $10.00 (20%)
Buy Now
Continue reading...
The post Apple posts Q3 earnings and delivers monster quarter with $81.43 billion in revenue appeared first on BGR.
Today's Top Deals
- Amazon’s massive Kasa smart home sale has deeper discounts than Prime Day
- Brilliant $30 Amazon find expands a power outlet without an ugly power strip
- Amazon shoppers rave about this 22-in-1 screwdriver set that’s down to $18 today
- Today’s top deals: $50 soundbar, Alexa in your car for $20, $90 Ring Doorbell 2, $230 touchscreen laptop, $6 smart bulbs, more
Trending Right Now:
- Here’s why Marvel movies are so much more successful than DC, according to a DC writer
- This stimulus program gets you up to $25,000, but no one seems to know about it
- Maps gets a great new feature in iOS 15 that Apple never announced
Apple posts Q3 earnings and delivers monster quarter with $81.43 billion in revenue originally appeared on BGR.com on Tue, 27 Jul 2021 at 16:31:26 EDT. Please see our terms for use of feeds.
Via BRG - Boy Genius Report