Wednesday, January 27, 2021
Apple sees revenue growth accelerating after setting record for iPhone sales, China strength
Apple's revenue for the quarter ended Dec. 26 rose 21% to $111.44 billion. Earnings per share rose to $1.68 from $1.25, beating Wall Street targets, according to IBES data from Refinitiv. Sales of iPhones were $65.60 billion and beat a record set three years ago. https://ift.tt/2MbkCrd
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China's smartphone shipments fell 4.3% YoY to 66M units in Q2, the fifth consecutive quarter of decline, amid a memory shortage; Huawei and Apple grew shipments (Kiranjeet Kaur/IDC)
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