{"id":31479,"date":"2021-01-28T16:32:32","date_gmt":"2021-01-28T21:32:32","guid":{"rendered":"https:\/\/mjtsai.com\/blog\/?p=31479"},"modified":"2021-01-30T15:46:43","modified_gmt":"2021-01-30T20:46:43","slug":"apples-q1-2021-results","status":"publish","type":"post","link":"https:\/\/mjtsai.com\/blog\/2021\/01\/28\/apples-q1-2021-results\/","title":{"rendered":"Apple’s Q1 2021 Results"},"content":{"rendered":"

Apple<\/a> (Hacker News<\/a>):<\/p>\n

The Company posted all-time record revenue of $111.4 billion, up 21 percent year over year, and quarterly earnings per diluted share of $1.68, up 35 percent. International sales accounted for 64 percent of the quarter’s revenue.<\/p><\/blockquote>\n\n

Jason Snell<\/a> (transcript<\/a>, also: MacRumors<\/a>):<\/p>\n

Year over year, iPhone revenue was up 17% and set a new record, iPad revenue was up 41% to its best showing in six years, Mac revenue was up 21%, Services revenue was up 24% to a new record, and Wearables revenue was up 30 to a new record%.<\/p><\/blockquote>\n\n

Jason Snell<\/a>:<\/p>\n

There have been seven better quarters in the history of the iPad. It’s just that they were all between 2012 and 2015. This most recent iPad quarter was the best since the holiday quarter six years ago.<\/p>\n

[…]<\/p>\n

Here’s the message: The move to Apple silicon is going to spur Mac growth like never before. Apple’s M1 Macs were incredibly well received, but it’s still just the beginning of the transition. Cook is telling investors, and everyone else, that Apple expects the move to Apple silicon to put its competition in the PC market to shame and fuel a major boost to the Mac.<\/p>\n

[…]<\/p>\n

The integration of hardware with software is Apple’s secret sauce, or “the magic,” as Cook puts it. But look at the change to that recipe! It’s now the integration of hardware, software, and services.<\/p><\/blockquote>\n\n

Previously:<\/p>\n