- Advertisment -

Apple’s Third Quarter Results Have Been Released

Straight out of Cupertino, Apple has reported on the financial facts and figures of the third fiscal quarter of 2020. Ending a couple of days ago, on June 27th, this quarter has been one of the most interesting in the tech world, due to the global pandemic.

According to the data released today, Apple earned a revenue of approximately $60 billion dollars, which is an 11% increase from the same quarter last year. Interestingly, the report states that 60% of this quarter’s revenue is comprised of international sales. This goes to show that Apple continues to be one of the biggest tech companies in the world.

- Advertisement -

According to Tim Cook, Apple’s CEO, a combination of Products and Services, alongside with their pre-existent market share has contributed to stay on an stable financial position. Also, Cook went into a tangent to talk about the role Apple’s products and services play in this situation. On the note of recent events, Apple’s Racial Equity and Justice Initiative was talked about, as well as their goal to become carbon neutral in 2030.

Apple’s Board of Directors have also issued a new cash dividend of $0.82 cents per share, and a four-for-one stock split. These changes will bring a new way of decisions on the financial landscape for Apple.

Popular Stories

macOS Big Sur Wallpapers

With every new software release, a new wallpaper is introduced. Apple recently announced the next major update for macOS, named Big Sur. All you need...

EXCLUSIVE: How to get the Apple TV app for Windows 10 computers

Apple has been said to be working on a new Apple TV app for Windows 10 computers. Right now, the only Apple apps that...

Writer of the Month

Anton is a Designer & Writer for Appleosophy Media

Recent Stories

How to enable Dark Mode on your iPhone, iPad or iPod Touch

To enable dark mode on your iPhone, iPad or iPod touch you need a device compatible with iOS 13 or iPadOS 13 or later Enable...

Tweetbot gets trackpad support for iPad app

Tapbots, the developers of the third-party Twitter app Tweetbot, released a new update that added trackpad support to its iPad app. This update was included...