Increased Mac and iPad sales helped Apple due to pandemic
Apple released a financial report for the fiscal third quarter. Judging by the figures, the company experienced a very strong period of Covid-19 pandemic.
Analysts expected Apple to receive $52.3 billion in earnings and $2.07 in earnings per share. But Apple beat expectations with revenue of $59.7 billion. In addition, it increased revenues by 11 percent compared to the same period last year. Earnings per share were also recorded at $2.58, an 18% increase from a year earlier.
In August 24, 2020, each Apple shareholder will receive three additional packages for each share in the registration history. He said:
Now it has become normal, and Apple’s services and wearables divisions have shown a powerful performance. iPhone, Mac and iPad also severely shut down the third quarter. With the release of the updated 13-inch MacBook Pro model, the entire MacBook series received more reliable and used keys, and many of the discussed keyboards with the butterfly mechanism were left behind. This transition can help users choose, but due to increased work and distance learning, the growing demand for computers and tablets has also affected Apple products.
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Among the expected and woven products are Apple premium headphones, a converted iMac, the first Mac computer running its own Apple processor.
On the other hand, the calendar that Apple originally announced for returning to the office due to the pandemic looks like this: According to Bloomberg, Tim Cook noted that the return of employees to the US office is postponed until early next year.