Apple is preparing to announce the largest quarterly revenue in its history; Where the financial results for the three months ending last December are expected to be announced later this week.
According to Arabnet, the company achieved record sales of the iPhone 12 in what appeared to be an unrivaled success in the face of the consequences of the pandemic.
and analysts on Wall Street forecast that the company is heading to achieve quarterly revenues estimated at $ 100 billion, the highest quarterly revenue ever recorded after including new phone sales in the financial statements For the first quarter of the company's financial year, which begins in early October of each year, according to a report by Market Watch.
Analysts say that Apple has benefited from the pandemic through a jump in sales of Mac and iPad devices as millions of people around the world go to work from home as part of the lockdown measures taken by governments to confront The fallout from the pandemic is like another strong revenue resource for the giant aside from sales of traditional phones.
and a research note issued by Morgan Stanley said it has done well in dealing with the consequences of the pandemic with the concentration of sales through its online stores instead of traditional sales methods that have been closed for long periods By the pandemic.
The company has about 270 stores in the United States, while the number of its stores around the world is about 510 stores, all of which were almost completely closed for long weeks in the midst of the Corona pandemic that is sweeping The world since the beginning of last year.
The company also closed many of its stores during the last period in the United States, after a large number of them were subjected to looting and theft in the midst of the demonstrations in the US states after the killing of an American citizen African-American George Floyd at the hands of a local police officer.
FactSet data indicate that the company will achieve profits of $ 1.41 per share during the last fiscal quarter compared to about $ 1.25 a year ago, in addition to achieving revenues estimated at 102 billion Dollars compared to 91.8 billion dollars a year ago.
