Apple reports record third quarter revenue

Apple on Tuesday reported revenue of $81.4 billion, up 36 percent year over year, and a record for the company’s fiscal third 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.”

Apple reported iPhone revenue of $39.5 billion this quarter, up from $26.4 billion in the year-ago quarter. Mac revenue was $8.2 billion this quarter, up from the $7 billion reported this time last year. iPad revenue was $7.3 billion this quarter, compared to $6.5 billion in the year-ago quarter. Wearables, Home and Accessories were $8.7 billion this quarter, compared to $6.4 billion last year at this time, and Services was $17.4 billion this quarter, up from $13.1 billion in the year-ago quarter.

Apple’s board of directors has declared a cash dividend of $0.22 per share of the company’s common stock. The dividend is payable on August 12, 2021 to shareholders of record as of the close of business on August 9, 2021.