Apple on Tuesday announced the results of its third quarter for 2021. The company posted revenues of $81.4 billion with a net quarterly profit of $21.7 billion, compared to revenue of $59.7 billion and net quarterly profit of $11.25 billion, in the year-ago quarter. Apple’s top-line numbers shattered June quarter records for the company.
Gross margin for the quarter reached 43.3 percent, compared to 38.0 percent in the year-ago quarter.
“This quarter, our teams built on a period of unmatched innovation by sharing powerful new products with our users, at a time when using technology to connect people everywhere has never been more important,” said Tim Cook, Apple’s CEO. “We’re continuing to press forward in our work to infuse everything we make with the values that define us — by inspiring a new generation of developers to learn to code, moving closer to our 2030 environment goal, and engaging in the urgent work of building a more equitable future.”
As has been the case for over a year now, Apple is once again not issuing guidance for the current quarter ending in September.
Stay tuned for additional details as they become available.