Apple announced its Q4 fiscal earnings on Thursday, citing September quarter revenues of $64.7 billion and a $12.67 billion profit. The company cited earnings per share of $0.73, beating the Wall Street consensus estimates.
As noted, those revenues marked a new September quarter record, but earnings of $12.67 billion were down from $13.68 billion in the year-ago quarter. The company specifically cited all-time records for its Mac products, as well as Services. The September quarter ended before Apple announced and shipped iPhone 12 Pro. While the company normally has a couple of weeks of new iPhone sales in the September quarter, this year’s launch was pushed back to October as a consequence of the COVID-19 pandemic.
iPhone revenues slipped year-over-year from $33.3 billion to $26.4 billion. Mac sales clocked in at $9.03 billion, a marked increase from $6.99 billion in the year-ago quarter. iPad sales also rose sharply from $4.66 billion to $6.8 billion.
Accordingly, iPhone revenues slipped year-over-year from $33.3 billion to to $26.4 billion. Mac sales, however, clocked in at $9.03 billion, a huge increase from $6.99 billion in the year-ago quarter. iPad sales were also up sharply from $4.66 billion to $6.8 billion.
Stay tuned for additional details as they become available.
Via The Mac Observer