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Mar 27, 2021
Apple Q2 2021 Earnings Report
Apple's Q2 2021 results were driven by strong growth across all product categories and geographic segments, leading to a new March quarter revenue record.
Key Takeaways
Apple announced record-breaking Q2 2021 financial results, with revenue up 54% year-over-year to $89.6 billion and earnings per diluted share of $1.40. The company saw strong performance across all geographic segments and product categories, with international sales accounting for 67% of the quarter's revenue.
Revenue reached a new March quarter record of $89.6 billion, a 54% increase year-over-year.
Earnings per diluted share were $1.40 for the quarter.
International sales accounted for 67% of the quarter’s revenue.
The board declared a cash dividend of $0.22 per share, a 7% increase, and authorized an additional $90 billion for the share repurchase program.
Apple
Apple
Apple Revenue by Segment
Apple Revenue by Geographic Location
Revenue by Segment
Services Revenue
CapyFin.comiPhone Revenue
CapyFin.comMac Revenue
CapyFin.comiPad Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.comEurope Revenue
CapyFin.comJapan Revenue
CapyFin.com Forward Guidance
The press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about the Company’s expectations regarding the impact of the COVID-19 pandemic; anticipated revenue, gross margin, operating expenses, other income/(expense), and tax rate; plans for return of capital; our goal of maintaining a net cash neutral position; and our investment plans and environmental initiatives.
Positive Outlook
- Company’s expectations regarding the impact of the COVID-19 pandemic
- Anticipated revenue
- Gross margin
- Operating expenses
- Plans for return of capital
Challenges Ahead
- Effect of the COVID-19 pandemic on the Company’s business, results of operations, financial condition, and stock price
- Effect of global and regional economic conditions on the Company’s business
- Ability of the Company to compete in markets that are highly competitive and subject to rapid technological change
- Ability of the Company to manage frequent introductions and transitions of products and services
- Effect that shifts in the mix of products and services and in the geographic, currency, or channel mix, component cost increases
Revenue & Expenses
Visualization of income flow from segment revenue to net income