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Apple announces June quarter record revenue of $81.4 billion

Apple quarterly revenue is down 4% year-over-year, but Services and Mac revenues are up.

Apple has announced its financial results for its fiscal 2021 third quarter that ended June 26, 2021. The tech giant posted a June quarter record revenue of $81.4 billion, up 36% year over year, and quarterly earnings per diluted share of $1.30.

Apple’s iPhone sales tallied US$39.57 billion; up 49.7% year-over- year. Mac sales were $8.8 billion, up 16.38% year-over-year. iPad revenue was $7.4 billion, up 12% year-over-year. The Wearables, Home & Accessories division brought in $8.78 billion; up 36.12% year-over-year. And the Services category was good for $17.49 billion.

“This quarter, our teams built on a period of unmatched innovation by sharing powerful new products with our users, at a time when using technology to connect people everywhere has never been more important,” said CEO Tim Cook in a press release. “We’re continuing to press forward in our work to infuse everything we make with the values that define us — by inspiring a new generation of developers to learn to code, moving closer to our 2030 environment goal, and engaging in the urgent work of building a more equitable future.”

Chief Financial Officer Luca Maestri, added: “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. 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.”

Apple’s board of directors has declared a cash dividend of $0.22 per share of the company’s common stock. The dividend is payable on August 12, 2021 to shareholders of record as of the close of business on August 9, 2021.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.