In the early morning of January 28, Apple released its first quarter results after trading. During the period, net revenue was $1111.439 billion, up 21% from $91.819 billion in the same period last year, a record high; net profit was $28,755 billion, up 29% from $22.236 billion in the same period last year.
Among them, Greater China’s revenue was 21,133 billion US dollars, an increase of 57% from $13.578 billion in the same period last year.
Apple’s first-quarter revenue and earnings per share exceeded Wall Street analysts’ previous expectations, but its share price fell more than 1% after the market.
Apple’s board of directors announced that it would distribute a cash dividend of $0.205 per share to the company’s common shareholders, which will be distributed to registered shareholders on February 11, 2021, which ends of business hours on February 8, 2021.
During this period, Apple’s five major business lines all performed well.
Among them, the revenue from the iPhone was 65.597 billion US dollars, up from 55.957 billion US dollars in the same period last year, an increase of 17% year-on-year;
Revenue from Mac was $8.675 billion, up from $7.160 billion in the same period last year, an increase of 21% year-on-year;
Revenue from iPad was $8.435 billion, up from $5.977 billion in the same period last year, an increase of 41% year-on-year;
Revenue from wearable devices, household products and accessories was $12.971 billion, up from $1010 billion in the same period last year and an increase of 29% year-on-year;
Revenue from services was $15.761 million, up from $12.715 million in the same period last year, an increase of 24% year-on-year;
According to the regional division, the revenue of each region increased during the period.
Among them, the revenue of the Americas sector was 46.310 billion US dollars, up from $41.367 billion in the same period last year; the revenue of the European sector was 27.306 billion US dollars, up from 23.373 billion US dollars in the same period last year; and Greater China’s revenue was 21.313 billion US dollars, compared with 13.578 billion in the same period last year.
The dollar increased by 57%; the revenue of the Japanese sector was $8,285 million, up from $6.223 million in the same period last year; and the rest of the Asia-Pacific region was $8.225 million, up from $7,278 million in the same period last year.
Luca Maestri, Apple’s chief financial officer, said: The business performance in the past fiscal quarter has benefited from double-digit growth in each product category, driving the company’s record revenue in each regional market and record installed active equipment.
At the highest record, these results helped Apple set a record operating cash flow of $38.8 billion. Apple also returned more than $30 billion in cash to shareholders in the quarter and continued to maintain its goal of reaching a net cash neutral position over time.
Tim Cook, CEO of Apple, said he was satisfied with the delivery of high-end series products in a historic holiday season and was satisfied with the enthusiastic response of customers to these products.
He also revealed that more than 1.65 billion Apple devices are used worldwide and more than 1 billion active iPhone installations are available.
