Apple reports Q2 2021 earnings, announcing $89.6 billion in revenue
Apple has announced its Q2 2021 earnings results covering the months of January, February, and March, reporting record revenue of $89.6 billion, up 54 percent year over year, and an all-time record for Mac and Services revenue for the quarter.
The iPhone maker’s gross margin for the quarter grew from 38.4 percent in the year-ago quarter to 42.5 percent, with international sales accounting for 67 percent of revenue.
During the quarter, iPhone revenue set a March record, growing 66% year over year, with performance consistently strong across the world, seeing Apple’s active install base hit an all-time high.
Thanks to the introduction of Apple’s new M1 MacBook Pro, MacBook Air, and Mac mini, Q2 2021 set an all-time revenue record for Mac, up 70% year over year with strong growth in each geographic segment.
Apple’s board of directors has declared a cash dividend of $0.22 per share of the Company’s common stock, an increase of 7 percent. The dividend is payable on May 13, 2021 to shareholders of record as of the close of business on May 10, 2021.