Apple: record revenue of $81.4bn
(CercleFinance.com) - After trading yesterday Apple announced its financial results for Q3 2021 ended 26 June 2021.
The company reported record revenue of 81.4 billion dollars over the quarter (above 73.3 billion dollars expected), up 36% y-o-y.
iPhone sales jumped 50% to 39.6 billion dollars. The Cupertino-based tech giant posted EPS of 1.30 dollar, well ahead of the 1.01 dollar consensus.
Company CEO Tim Cook said that the company generated operating cash flow of 21 billion dollars and continued to make significant investments across its businesses to support its long-term growth plans.
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