Apple hit $89.6 billion in sales in the last quarter, up 54% from 2020
Apple reported record revenues of $89.6 billion for Q2 2021, an increase of 54 percent year over year, according to an official earnings report detailing results of the company’s second fiscal quarter of the year.
While all categories reported growth in sales compared to the same period last year, iPhone sales unsurprisingly dominated the company’s portfolio with $47 billion in sales for Q2 2021, up from $28 billion in the same period last year, per Apple’s quarterly earnings breakdown. During the earnings call, Apple CEO Tim Cook confirmed that the standard iPhone 12 was the most popular phone sold over the quarter, though the Pro model sales were also strong.
Sales grew across other product families, with Services hitting $16.9 billion (up from $13.3 billion in the same quarter last year) and similar growth for iPad and Mac. Indeed, the last three quarters have been the best sales quarters ever for Macs, which Apple admits likely owes to a realignment toward work from home for plenty of consumers, but also an increasing portfolio of Mac products.
Apple sales grew at least 35 percent in every region, and while the majority was still in the Americas with $34.3 billion, growth had the greatest percentage in China up $17.7 billion in Q2 2021 from $9.4 billion in Q2 2020.