Jump to content
The Great Escape Online Community

The iPhone 12’s strong momentum helps Apple to another huge quarter


Admin
 Share

Recommended Posts

acastro_180604_1777_apple_wwdc_0001.0.jp Illustration by Alex Castro / The Verge

Apple’s string of record-breaking earnings reports continued on Tuesday, with the company posting a strong fiscal third quarter that saw $81.43 billion in revenue. That’s a year-over-year increase of 36 percent and a new all-time record for the June quarter. It also crushes the $73 billion figure that analysts were expecting. Apple recorded a net quarterly profit of $21.7 billion.

This quarter is traditionally one of the slower periods for iPhone sales, as consumer interest begins shifting toward the next lineup of devices that Apple is expected to announce in September. But sales were still impressively up — by 50 percent — compared to this time a year ago, reflecting continued momentum for Apple’s first 5G smartphones. Mobile carriers...

Continue reading…

View the full article

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using The Great Escaped Online Community, you agree to our Privacy Policy and Terms of Use