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In midst of pandemic Apple achieves a record quarter

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Apple today announced financial results for its fiscal 2020 third quarter ended June 27,2020. The Company posted quarterly revenue of $59.7 billion, an increase of 11 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.58, up 18 percent. Apple’s hardware sales all did well, and even iPhone sales saw a […]
Apple today announced financial results for its fiscal 2020 third quarter ended June 27,2020.
The Company posted quarterly revenue of $59.7 billion, an increase of 11 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.58, up 18 percent.
Apple’s hardware sales all did well, and even iPhone sales saw a 1.7$% YoY growth. The star of the show was, however, Mac and iPad sales, with Mac sales up 21.6% YoY and iPad sales up 31%, due to the Work from Home push.
Wearables was up 16.

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