Apple announces June quarter record revenue of $81.4 billion

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.