Photo: Photo by CHRIS DELMAS / AFP via Getty Images). / AFP / Getty Images
Apple announced its quarterly revenue results and those for the June quarter were the strongest in its entire sales history . We are talking about a profit that has practically doubled and this is thanks to the sales of its iPhone phone.
So, the news is that the third quarter the net profits of the company were $ 21, 740 million dollars or what is equal to $ 1. 30 dollars per share. This if we compare it with the income in the same period last year that was $ 11, 250 million dollars, means double the net profit.
In total for the quarter, revenues amounted to $ 80, 430 million dollars, while analysts expected income of at least $ 60, 000 dollars. By smartphones were billed $ 39, 570 millions of dollars.
All of this creates great expectations in the Manzanita company, and although it is not his style to give a proportion of numerical income, Apple’s YoY growth is expected to be “pretty strong and in the double digits.”
For the quarter After September, Apple expects more impact and earnings, mainly with its leading products: iPhone and iPad.
However, As the growth projection that Apple had estimated would be slow, the shares fell by 2.2%. For his part, the CEO of popular tech company Tim Cook said they were “paying more than they would like for transportation,” although other costs have dropped.
In the midst of the pandemic, which does not seem to come to an end yet, Apple was one of the companies that was able to report profits especially with its Ipad and Mac products since both jobs and remote studies drove demand in this type of devices.
Between 7 billion and 8 billion dollars were the revenues reported by Apple in the June period. And more or less the same figure in the segment of portable devices, home and accessories.
Anyway, the general report is of earnings for the greats of technology. So far this 2021, Apple shares have gained slightly more than 10% , while the Dow Jones DJIA index of which Apple is a part, has risen more than 14%.
All of this led to the company announcing a cash dividend on company stock of $ 0, 22 per share. Dividend to be paid next 12 of August to shareholders who are registered at the close of business on August 9.
Currently, Apple’s market value is $ 2, 44 billions of dollars.
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