Apple has reported its first quarter results for 2021, for the quarter that ended on 26 December 2020. The company has broken records in every category and made 21 percent more revenue than the same quarter a year ago.
Revenue was $111.4 billion, which is 21 percent up on the same quarter of 2020. This is a new record for the company.
Apple also generated record operating cash flow of $38.8 billion in the quarter.
International sales accounted for 64 percent of the quarter’s revenue.
Apple no longer provided details of unit sales for its hardware, such as the iPhone, but it does reveal the money raised from sales in each category. However, analysts at IDC have estimated that Apple sold 90 million iPhones in the quarter.
In the first quarter of 2021 the iPhone generated $65.579 billion, compared to $55.957 billion in the same quarter last year. (In an interview Tim Cook said there are now a billion active iPhones in the world, up 100 million since 2019.)
Mac sales were $8.675 billion compared to $7.160 million in the first quarter of 2020, which ended in December 2019.
iPad sales were $8.435 billion compared to $5.977 billion in the same fiscal quarter.
And the Wearables, Home and Accessories section also saw an increase $12.971 billion compared to $10.101 billion in quarter one of 2020. We don’t know how many AirPods or Apple Watches Apple sold, but according to an analyst there are now 100 million Apple Watches out there on people’s wrists.
Services was also up: $15.761 billion compared to $12.715 billion.
It seems that a world pandemic is not going to stop Apple making money.
For details of Apple’s previous financial quarter read: Apple’s quarterly report better than expected.
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