Thursday, April 25, 2024

Apple Reports 3Q 2021 Results: $21.7B Profit on $81.4B Revenue, New June Quarter Records

Share

Apple today announced financial results for the third fiscal quarter of 2021, which corresponds to the second calendar quarter of the year.

For the quarter, Apple posted revenue of $81.4 billion and net quarterly profit of $21.7 billion, or $1.30 per diluted share, compared to revenue of $59.7 billion and net quarterly profit of $11.25 billion, or $0.65 per diluted share, in the year-ago quarter. Apple’s top-line numbers shattered June quarter records for the company.

Gross margin for the quarter was 43.3 percent, compared to 38.0 percent in the year-ago quarter. Apple also declared a quarterly dividend payment of $0.22 per share, payable on August 12 to shareholders of record as of August 9.

“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.”

As has been the case for over a year now, Apple is once again not issuing guidance for the current quarter ending in September.


Apple will provide live streaming of its fiscal Q3 2021 financial results conference call at 2:00 pm Pacific, and MacRumors will update this story with coverage of the conference call highlights.

Conference call starts at 2:00 pm Pacific – No need to refresh loading.gif
Loading live updates…

Tag: earnings
This article, “Apple Reports 3Q 2021 Results: $21.7B Profit on $81.4B Revenue, New June Quarter Records” first appeared on MacRumors.com

Discuss this article in our forums

MacRumors-All?d=6W8y8wAjSf4 MacRumors-All?d=qj6IDK7rITs

Read more

More News