Apple on Thursday posted but one more file quarter in 2021, closing out its fully year ever with income of $83.4 billion, up practically 30 p.c year over year. Every category posted positive aspects, though Cook dinner talked about income changed into once plagued by provide constraints to the tune of $6 billion.
First the particular recordsdata. Apple supplied a ton of merchandise in the quarter, which saw per week of iPhone 13 gross sales versus no iPhone 12 gross sales final year, as successfully because the iPad mini and ninth-gen iPad. Apple also launched the Apple Watch Series 7 in the quarter, though it didn’t hump on sale till October. Last week, Apple launched the brand new MacBook Pro, which is already backordered for weeks.
Here’s how each category broke down, with the year-over-year proportion rep bigger:
iPhone: $38.9 billion (47 p.c)
iPad: $8.3 billion (21 p.c)
Mac: $9.2 billion (2 p.c)
Wearables: $8.8 billion (12 p.c)
Services and products: $18.3 billion (26 p.c)
Gross sales had been up in all areas, with China’s income practically doubling from $8 billion to $14.6 billion. Apple talked about it also doubled its industrial in India and Vietnam.
Now the imperfect recordsdata. In the earnings name, CEO Tim Cook dinner talked about he is “inspired by growth round the enviornment” but added that manufacturing disruptions would likely be worse in the present holiday quarter (Apple’s Q1 2022). Then all once more, Apple talked about the next quarter is anticipated to witness bring “very sturdy year-over-year income growth” but declined to present income guidance.
Michael Simon has been covering Apple since the iPod changed into once the iWalk. His obsession with abilities goes abet to his first PC—the IBM Thinkpad with the preserve-up keyboard for swapping out the pressure. He is peaceful waiting for that to attain abet well-liked tbh.