Apple reports record-breaking Q3 2021 earnings: revenue of $81.4 billion

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159eb728 apple keynote event e1600246385454
159eb728 apple keynote event e1600246385454

Apple [AAPL] has announced its financial earnings for the third quarter of 2021 and there are some big results.

The Cupertino-based company has posted a June quarter record revenue of $81.4 billion, a 36% increase from year-over-year, or quarterly earnings per diluted share of $1.30. It also earned $21.74 billion in profit for the quarter.

This is a big increase from the year-ago quarter, where back then Apple reported revenue of $59.7 billion or $0.65 per diluted share.

“This quarter, our teams built on a period of unmatched innovation by sharing powerful new products with our users, at a time when using technology to connect people everywhere has never been more important,” said Tim Cook, Apple’s CEO. “We’re continuing to press forward in our work to infuse everything we make with the values that define us ”” by inspiring a new generation of developers to learn to code, moving closer to our 2030 environment goal, and engaging in the urgent work of building a more equitable future.”

The Board of Directors at Apple have declared a cash dividend of $0.22 per share of Apple’s common stock, while the dividend is payable to shareholders of record on August 12, 2021.

Apple does not say a specific number of the products they sell but does show how much revenue it made from each of its product categories. Those numbers can be found below:

  • iPhone: $39.57 billion
  • iPad: $7.37 billion
  • Mac: $8.24 billion
  • Wearables, Home products and accessories: $8.78 billion
  • Services: $17.49 billion

What are your thoughts on Apple’s June Q3 2021 earnings? Comment below or let us know on Twitter at @appleosophy.

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