Another Record-Breaking Quarter: 9 Key Takeaways from Apple’s Q1 2021 Earnings Call
This week Apple released its Q1 2021 earnings — the period that covers the all-important holiday quarter — and despite the ongoing global pandemic the company continues to surpass many of the most optimistic predictions put forth by analysts.
In fact, this year’s quarter was particularly significant for Apple, since for the first time in ten years the company’s flagship iPhone lineup didn’t get released until October, missing its usual contributions to bolstering late Q4 sales. Of course, that revenue hasn’t been lost — merely shifted into this latest quarter, and with skyrocketing iPhone 12 sales it was never a big surprise that this would be Apple’s best holiday quarter ever.
That said, it wasn’t just about the iPhone — Apple is showing strong performance across the board, and CEO Tim Cook had a few other interesting things to share in the process. Read on for 9 big things that Apple revealed during yesterday’s earnings call.