Apple publishes the results fiscal Q3 2020! Growth in all sectors!

Apple has recently released the quarterly results for the third fiscal quarter of 2020. They are obviously highly affected by the pandemic coronavirus, in which we are still experiencing, we see the data released.

This is the third quarterly result since Apple no longer communicates with the unit numbers of sales of the iPhone, iPad and Mac. The numbers relating to the above-mentioned devices will be enclosed in a single category.

The third fiscal quarter of 2020 is terminated on the 27th of June 2020. Apple had a revenue of 59.7 billion, an increase of 11% from the comparison year-after-year, quarterly earnings diluted shares from 2,58 dollars, above 18%. The international sales represent 60% of revenue.

“The record of the June quarter Apple was driven by double-digit growth in both products and services, and by growth in each of our segments and geography,” said Tim Cook, Apple’s CEO. “In uncertain times, this performance is a testimony of the important role our products play in the lives of our customers and the relentless innovation from Apple. This is a difficult time for our community and, from the new initiative of $ 100 million for Racial Equity and Justice, Apple and the new commitment to be carbon-neutral by 2030, we are living the principle that what we create and should create opportunities and leave the world better than how we found it.”

“Our performance in the June quarter were the clear proof of the ability of Apple to innovate and move forward during difficult periods,” said Luca Maestri, Apple’s CFO. “The result of our business has resulted in our active base of installed devices to a historical maximum in all our segments and geographic and in all the main categories of products. We have increased our EPS by 18% and generated an operating cash flow of $ 16.3 billion during the quarter, a record June quarter for both metrics “.

Here are the numbers of the quarterly results:

  • iPhone: 26.41 billion $
  • Services: 13.15 billion $
  • Wearable, Home, and Accessories: 6.51 billion $
  • Mac: 7.07 billion $
  • iPad: 6.58 billion $

The board of directors of Apple has declared a cash dividend of 0.82 dollars per share of the ordinary shares of the Company. The dividend is payable on August 13, 2020, to shareholders registered at the close of business on August 10, 2020.