Apple announces Q3 2021 earnings results, reporting $81.4 billion revenue
Apple has posted its financial earnings results for the third fiscal quarter of 2021, reporting June quarter record revenue of $81.4 billion, up 36 percent year over year.
The record June quarter operating performance included new revenue records in each of Apple’s geographic segments, double-digit growth in each product category, and a new all-time high for active devices, with the company’s board of directors declaring a cash dividend of $0.22 per share of the company’s common stock.
“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 Tim Cook, Apple’s CEO. “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.”
Once again, Apple is not issuing guidance for the current quarter ending in September due to the uncertainty caused by the pandemic.
“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,” said Luca Maestri, Apple’s CFO. “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.”