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The story behind the story

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Apple's Q1 net income was $28.8B, up from $22.2B YoY; revenue for iPhone was $65.6B, up from $56B YoY, Mac was $8.7B, up from $7.2B, and Services grew to $15.8B

Chance Miller / 9to5Mac :

9to5Mac Chance Miller

Discussion

  • @patrickmcgee_ Patrick McGee on x
    How well is @Apple doing? The 17% gain for iPhone sales is the *worst* part of its holiday earnings report. Net income + 29% iPhone: +17% Mac: +21% iPad: +41% Wearables: +30% Services: +24% https://twitter.com/...
  • @asymco Horace Dediu on x
    Apple results are truly stunning. I am without speech.
  • @denverbitcoin @denverbitcoin on x
    Apple made $100,000,000,000 in revenue during Q1 fiscal 2021. That's ~$13,000 per SECOND in revenue last 90 days. They now have ~$195B in cash on hand, adding $3B to their cash reserves. $AAPL is a monster. https://www.cnbc.com/...
  • @michaelzimmer Michael Zimmer on x
    Apple had nearly twice as much revenue from Services as selling Mac hardware. https://twitter.com/...
  • @asymco Horace Dediu on x
    Apple revenues grew 21% year over year, and quarterly earnings up 35%.
  • @mikeelgan Mike Elgan on x
    Number of the moment: 111.4 billion https://www.cnbc.com/... https://twitter.com/...
  • @apollozac Zac Hall on x
    cool now buy gamestop https://twitter.com/...