Apple doubled its profits in the second quarter of its fiscal year, with sales higher than those of a year and a half ago, according to a report published on its website after the US stock market closed on April 28.
That day the apple shares They closed with a loss of 0,6%, and then rose 3% in over-the-counter trading after the quarterly data came out.
In the second quarter of its fiscal year, which ended in March, Apple Lossless Audio CODEC (ALAC), It obtained revenues of 89.584 million dollars and profits of 23,530 million dollars. In the second quarter of the previous fiscal year, the North American company's revenues were $58.313 million and profits were $11.249 million.
The earnings for the second quarter of this fiscal year are the largest that Apple has achieved in the second quarter of any fiscal year for the company.
In addition, Apple increased its revenue in all geographic regions, with the largest increase, 87%, in China, since this year's revenue is $17.728 million and the previous year's revenue was $9.455 million. In Europe, Apple's revenue increased 56%, to $22.264 million.
In the first six months of its fiscal year, Apple increased its revenue to $201.023 million, compared to $150.132 million in the previous fiscal year, and its profits rose to $52.385 million, compared to the $33.485 million profit that left the previous fiscal year.
Revenue from iPhone sales increased to $47.938 million in the second quarter of the year, compared to $28.962 million in the same period in the previous fiscal year. Regarding quarterly income, these were 113.535 million dollars in the first half of the fiscal year, compared to 84.919 million the previous year.
In the second quarter of this fiscal year, Apple achieved record sales of Mac desktop computers, which generated $9.102 billion in revenue. The company's services (such as iCloud, Apple Music, Apple TV, etc.) also reached a new revenue record, with $16.901 million. In the second quarter of the previous fiscal year, Mac sales generated revenue of $5.351 million and the company's services generated $13.348 million.
Regarding the economic situation following the coronavirus outbreak, Apple did not give a forecast for the current quarter (which spans April to June), saying only that it expects "significant year-over-year growth." The company has not been immune to the effects of component shortages in the technology sector, with supply disruptions mainly affecting Mac and iPad sales, which could reduce sales by $3.000 billion-$4.000 billion in the year. current quarter.
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