Apple's Q3 2021 Revenues Hit $81.4 Billion USD

Driven by exceptional iPhone sales.

Tech 
2,972 Hypes 3 Comments

Apple has had yet another stellar quarter over Q3 of 2021, seeing a 36 percent growth in revenues year-over-year.

In concrete numbers, the increase brings its revenues up to a staggering $81.4 billion USD, far surpassing the Wall Street-predicted $73. 3 billion USD. The impressive growth was largely driven by exceptional iPhone sales, which increased from $26 billion USD to $39.5 billion USD. Market-wise, Greater China saw the biggest results, skyrocketing by more than 50 percent in sales to $14.76 billion USD. The Americas accounted for $35.89 USD, as compared to $27 billion USD the year before.

“Our record June quarter operating performance included new revenue records in each of our geographic segments, double-digit growth in each of our product categories, and a new all-time high for our installed base of active devices,” said the company’s CFO Luca Maestri. “We generated $21 billion of operating cash flow, returned nearly $29 billion to our shareholders during the quarter, and continued to make significant investments across our business to support our long-term growth plans.”

Elsewhere in tech, Facebook has halted sales of its Oculus Quest 2 due to reports of skin irritation.

Read Full Article

What to Read Next

Apple's Quarterly Revenues Hit $89.6 Billion USD Thanks to $48 Billion USD iPhone Sales
Tech 

Apple's Quarterly Revenues Hit $89.6 Billion USD Thanks to $48 Billion USD iPhone Sales

Setting another company record.

Tim Cook Received a $750 Million USD Bonus on His 10th Anniversary as Apple CEO
Tech

Tim Cook Received a $750 Million USD Bonus on His 10th Anniversary as Apple CEO

The news arrives just a year after Cook became a billionaire.

Tesla Posts Record Q3 Revenue and Profits
Automotive 

Tesla Posts Record Q3 Revenue and Profits

Total revenue grew to an all-time high of $13.76 billion USD.


Google's Parent Company Alphabet Trumps Expectations by Bringing In $65 Billion USD in Q3 2021
Tech 

Google's Parent Company Alphabet Trumps Expectations by Bringing In $65 Billion USD in Q3 2021

YouTube advertising revenue alone reached $7.20 billion USD.

Lucasfilm Hires YouTuber After His Viral ‘The Mandalorian’ Finale Deepfake of Luke Skywalker
Entertainment

Lucasfilm Hires YouTuber After His Viral ‘The Mandalorian’ Finale Deepfake of Luke Skywalker

Shamook is set to work as a “facial capture artist” for the company’s computer graphics subsidiary.

Popeyes Buys One Million Nuggets From Competitors To Signify the End of the Chicken Wars
Food & Beverage

Popeyes Buys One Million Nuggets From Competitors To Signify the End of the Chicken Wars

“WE COME IN PIECE. 8 PIECE.”

Wizkid Officially Announces One-Off 2021 London Show
Music

Wizkid Officially Announces One-Off 2021 London Show

“This one’s special.”

Netflix Teases Paris Hilton's Outlandish Cooking Show
Entertainment

Netflix Teases Paris Hilton's Outlandish Cooking Show

With guests Kim Kardashian West, Demi Lovato, Saweetie, and Kathy and Nicky Hilton.

Take a Full Look at the sacai Men's SS22/Women's Pre-Spring 2022 Collection
Fashion

Take a Full Look at the sacai Men's SS22/Women's Pre-Spring 2022 Collection

Featuring an in-depth collaboration with Errolson Hugh’s ACRONYM.


Lay’s Drops Doritos Cool Ranch, Cheetos Cheese & Funyuns Onion-Flavored Chips
Food & Beverage

Lay’s Drops Doritos Cool Ranch, Cheetos Cheese & Funyuns Onion-Flavored Chips

The taste is the same, but the textures have changed.

Go Off-Road With Clarks Originals’ New Wallabee Hiker
Footwear

Go Off-Road With Clarks Originals’ New Wallabee Hiker

Equipped with a chunky Vibram sole and TPU welt.

SHOES 53045 Drops Futuristic Hik'Air Urban Boot
Footwear

SHOES 53045 Drops Futuristic Hik'Air Urban Boot

Created by the designer behind the Balenciaga Triple S.

Rains Offers up Two Takes of Diemme’s Classic Duck Boots
Footwear

Rains Offers up Two Takes of Diemme’s Classic Duck Boots

Set to drop later this year.

'Ant-Man 3' Director Announces That Filming Has Begun
Entertainment

'Ant-Man 3' Director Announces That Filming Has Begun

The threequel sees Paul Rudd and the ugly bunny return to the MCU series

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Adblock Detected.

We charge advertisers instead of our readers. If you enjoy our content, please add us to your adblocker's whitelist. We'd really appreciated it.