By Jason Snell
October 29, 2020 1:39 PM PT
Apple Q4 2020 results: Record Mac revenue, iPhone down
Apple announced its quarterly financial results today, with record Mac and Services revenue and a big drop in iPhone sales.
Despite the tough iPhone quarter, revenue was a record for the company’s fourth fiscal quarter, at $64.7B. iPhone revenue was $26.8B, down 20% year over year. Mac revenue was $9B, up 29%. iPad revenue was $6.8B, up 46%. Services revenue was $14.5B, up 16%. And Wearables revenue was $7.9B, up 20.8%.
We’ll have a full transcript of Apple’s quarterly call with analysts later today.
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