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Home»Mobile news»Apple records a 29% annual increase in revenue
Mobile news

Apple records a 29% annual increase in revenue

Youssef GhazalyBy Youssef GhazalyOctober 30, 2021No Comments2 Mins Read
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Apple recently revealed its financial report for the third quarter of this year, which confirms an increase in the company’s revenues by 29% and a value of $83.4 billion.

The third quarter of 2021 ended on September 30, with Apple recording a new annual rise in revenue, with revenues of $83.4 billion, and the company’s iPhone versions contributed 47% of the company’s revenue.

Apple’s revenue from iPhone shipments increased by $38.9 billion, and the launch of the entire iPhone 13 series to the market in mid-September contributed to the iPhone division’s revenue, unlike the iPhone 12 series that was available in October.

On the other hand, iPads recorded strong sales also during the quarter, with revenues of $8.25 billion, with an annual increase in revenue of 21%.

Also, Apple’s revenue in the iPad division continues to remain stable during this quarter, as the company recorded revenues of $9.2 billion, with a limited 2% increase in revenue.

Apple has achieved growth in the services sector during this quarter with revenues of $ 18.3 billion, and in the Mac hardware division, Apple is expected to start recording clear revenue from MacBook Pro sales in the next quarter.

Apple also showed the growth of the wearable devices section by 12%, and Apple is expected to continue to achieve revenue growth in this section in the next quarter after the launch of the company’s new versions of the Series 7 watch and the third generation of AirPods on the market.

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Youssef Ghazaly
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Youssef Ghazaly is a talented individual from Egypt, specifically from Ismailia. He is known for his expertise as a director of websites on the Internet and serves as the manager of the mhma12.tech website, which specializes in handling technical issues. Youssef Ghazaly's passion for technology and his skills in website management have allowed him to excel in his field. Through his work, he has gained valuable experience in navigating the intricacies of the online world and resolving various technical challenges. Youssef Ghazaly's dedication to his profession and commitment to delivering high-quality services make him a valuable asset in the realm of website management and technical problem-solving.

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