Technology
Apple’s Services Push Pays Off – Forbes
What’s more interesting from an investor standpoint is that services revenue came in at $16 billion, also a record high and up 24 percent from the $12.7 billion…
Apple, the largest tech company in the world, just released results for its first fiscal quarter of 2021, ending on December 26, 2020. The company posted net income of $29 billion on an all-time record revenue of $111.4 billion. That amounts quarterly earnings per diluted share of $1.68, up 35 percent year over year. (y/y).
Not bad, for a phone company. But what’s more interesting from an investor standpoint is that services revenue came in at $16 billion, also a record high and up 24 percent from…
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