By Jason Snell
January 27, 2021 1:39 PM PT
Last updated August 16, 2023
Q1 2021 financial results: Apple’s latest record holiday quarter
On Wednesday, Apple announced its financial results for its first fiscal quarter of 2021, covering the holiday quarter of calendar-year 2020. This is traditionally Apple’s largest quarter every year, and despite a global pandemic, this one was no different: The company reported an all-time-record quarter, with $111.4 billion in revenue and $28.8 billion in profit.
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%.
More charts follow. Full coverage of Apple’s phone call with financial analysts will follower later today.
If you appreciate articles like this one, support us by becoming a Six Colors subscriber. Subscribers get access to an exclusive podcast, members-only stories, and a special community.