Apple Surpasses $100 Billion in Quarterly Sales

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Stop Being Delusional

Senior Member
Jan 8, 2021
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The One biggest company who runs slave trades in China, hates Americans, hates freedoms, hates Trump, hates the right wing, etc etc, has just surpassed 100 billion in sales. Who are purchasing Apple products? And people think folks are going to boycott these companies? Many right wing people buy these products, the left antifa types steal them... so... yea.

Apple said its new iPhone 12 led to a 21 percent increase in sales in the most recent quarter, pushing the company past $100 billion in quarterly revenue for the first time.
The tech giant becomes the third American company to reach $100 billion in revenue in a single quarter, joining Walmart and Exxon Mobil. Analysts expect Amazon to join the club when it reports its latest quarterly results next week.
The company’s profits grew 29 percent to a record $28.8 billion from a year ago. Its sales were $111.4 billion. The results easily beat analysts’ estimates.
The strong quarter was fueled by Apple’s latest iPhones, which went on sale in October. Analysts and investors had anticipated a strong quarter for months because many iPhone owners had waited to upgrade their devices in order to buy the new iPhones, which work with faster 5G wireless networks. Apple said iPhone sales increased 17 percent to $65.6 billion, a sharp reversal from a 21-percent decline in iPhone sales the previous quarter.
The record results were the latest sign of the growing power and heft of the largest tech companies, which have only gotten bigger and richer since the pandemic began.

 

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