Apple Reports All-Time Quarterly Revenue Record for Macs

Apple today reported Mac revenue of $9.17 billion in the fourth quarter of its 2021 fiscal year, which is an all-time quarterly revenue record for Macs.

No new Macs were released during the quarter, with the new 14-inch and 16-inch MacBook Pro models not being released until after the quarter ended, but Mac sales have been strong due to a work-from-home environment and as a result of Apple’s successful transition to its own custom-designed chips in Macs, starting with the M1 chip last year.

iPad revenue was $8.25 billion for the quarter, which was not a record, but up 21% from $6.79 billion in the year-ago quarter.

iPad sales were likely boosted by the launch of the redesigned sixth-generation iPad mini and the ninth-generation lower-cost iPad during the quarter, while iPads remain popular as many people continue to work, learn, and connect with others from home.

Apple reported overall revenue of $83.4 billion for the quarter, which ran from late June through late September of this year.Tag: earnings
This article, “Apple Reports All-Time Quarterly Revenue Record for Macs” first appeared on MacRumors.com

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