Apple Just Had Its Best Quarter Ever

Apple Just Had Its Best Quarter Ever

Apple Just Had Its Best Quarter Ever

Apple Just Had Its Best Quarter Ever

The Main Point

Apple just had its best quarter ever, and it was entirely because of the iPhone 12. For the first time, Apple made over $100 billion in one quarter. That is an insanely high amount of money. I can’t believe that just the iPhone 12 could lead Apple to make that much money in a single quarter.

Apple is one of the world’s largest companies. But, they haven’t been doing the best when it comes to sales lately. Now, though, they have set a new record for the amount of money made in a single quarter. This new boost in sales is largely due to the launch of the iPhone 12. It is really amazing that the iPhone 12 was able to boost Apple’s sales this much, in spite of Covid and other difficulties.

Apple Just Had Its Best Quarter Ever

How much did they make?

Apple made an insane amount of money in the last quarter. For the first time ever, they actually made over $100 billion in a single quarter. In total, Apple made $111.4 billion in one quarter. That is an insanely high amount of money. The majority of this money came from the iPhone 12 lineup, which made a ton of money. Apple made over $65 billion just from iPhones. That is also the most money that they have ever made from iPhones in a single quarter. It is insane that Apple was able to make this much money in one quarter. Until now, their sales had been going down, rather than up. Now they are making more money than they ever have in a single quarter. That is just insane.

Apple Just Had Its Best Quarter Ever

How is this possible?

With Apple having to close their stores due to Covid, and their already decreasing sales, how could they possibly have set a new quarter record? This is mainly due to they iPhone 12, but why are so many people buying it? Well, it is largely due to the fact that the iPhone 12 lineup are the first set of iPhones to have 5G. This is causing many people that normally wouldn’t upgrade to get the new generation. Also, iPad and Mac sales have gone up. The reason for that is that Covid has caused many people to work from home. Overall, Covid and 5G have been very important for increasing Apple’s Profits.

The Main Point

Apple just had its best quarter ever, and it was entirely because of the iPhone 12. For the first time, Apple made over $100 billion in one quarter. That is an insanely high amount of money. I can’t believe that just the iPhone 12 could lead Apple to make that much money in a single quarter.