Apple released its third quarter results on Wednesday. The results show that the Cupertino-based tech giant shined in the quarter and its credit goes only to sales of the iPhone, MacBook and iPad.
In addition to showing massive growth in the quarter, Apple executives have warned that supply chain delays could affect the company’s revenue in the next quarter. Apple says supply chain delays could mainly affect the iPad and iPhone.
Apple makes record earnings
The June Quarterly report found that Apple’s revenue grew 36 percent year-over-year, to মোট 81.41 billion this quarter. It also highlighted that iPhone revenue alone grew by about 50 percent to 39 39.57 billion.
Sales of Mac and iPad have also increased YoY. Macs accounted for. 2.24 billion and iPads for .. 7.3 billion this quarter, the report said. Revenue from other Apple services also rose 33 percent to 17.48 billion.
Other segments have also grown, including products such as AirPods and Apple Watch. The report showed that category revenue grew 40 percent to 8.77 billion.
The epidemic could help
Analysts have suggested that career changes could lead to increased revenue for Apple products. Sales of laptops and mobile phones have risen sharply as more people move from home structures to work.
Some analysts have further suggested that the increase in sales of iPads and Macs could be due to schools moving home and students regularly attending classes to find laptops and iPads. In this situation, Apple’s student discount program could help the company increase sales.
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