Apple posts $89.6 billion USD in income in Q2 2021 earnings

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Apple’s Q2 2021 earnings are out now, and the corporate is posting a revenue of $23.6 billion USD ($29 billion CAD).

The firm’s income was $86.9 billion USD (roughly, $107 billion CAD). In Q2 2020, the corporate’s income was solely $58.3 billion USD ($71.7 billion CAD), so this can be a enormous 54 % improve for the tech big.

“This quarter reflects both the enduring ways our products have helped our users meet this moment in their own lives, as well as the optimism consumers, seem to feel about better days ahead for all of us,” stated Tim Cook in an Apple Press launch.

The firm made enormous beneficial properties in its iPhone gross sales with $47 billion USD ($57 billion CAD) in gross sales this quarter in comparison with solely $28 billion USD ($34 billion CAD) the identical time final 12 months.

Mac gross sales are up too, with $9.1 billion USD made (roughly, $11 billion CAD) in comparison with $5 billion USD (roughly $6.1 billion CAD) in Q2 2020.

The firm’s companies division made $16 billion USD ($19 billion CAD). Wearables and equipment made $7.8 billion USD ($9.6 billion CAD) and the iPad division made 7.8 billion USD ($9.6 billion CAD).

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Written by Gideon


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