Last night, Apple reported results for the third quarter of its financial year: the period from April to June. And despite the ongoing pandemic, Apple defied analysts’ forecasts and earned more money than expected, with revenue and profit up from the same period a year ago.
Sales during the period totalled $59.7bn, compared with $53.8bn for the corresponding quarter in 2019. In other words, a year-on-year increase of 11%.
Profit after tax amounted to $11.25bn, up 12% from the $10.04bn the company reported for the corresponding period in 2019.
As ever, the greatest focus fell on Apple’s crucial iPhone department. Sales here totalled $26.42bn, slightly up from the $25.99bn recorded a year ago. But numbers were up across all reported segments.
Apple’s services had revenue of $13.16bn, while the Mac accounted for $7.08bn and the iPad $6.58bn. The remaining $6.45bn comes from the broad ‘Wearables, Home and Accessories’ segment, which includes the Apple Watch, HomePod, AirPods and other accessories.
Perhaps the biggest news of the night, however, was CFO Luca Maestri’s surprising admission that the
iPhone 12 will be delayed.
This article originally appeared on
Macworld Sweden. Translation by David Price.