The financial data of the American company Apple, the manufacturer of iPhone phones, showed that the company's profits in the three months ending last December rose by 29.3% on an annual basis.
According to the company’s results, profits for the period amounted to approximately $ 28.75 billion, compared to profits of about $ 22.23 billion in the three months ending in December of 2019.
Earnings per share reached $ 1.68 in the fourth quarter of last year, against expectations of $ 1.41 per share.
The company achieved quarterly revenues exceeding $ 100 billion for the first time in its history, thanks to the increase in revenues of all its product categories.
Apple's revenue reached a new record at $ 111.44 billion, compared to $ 91.8 billion in the three months ending in December 2019, and against expectations of achieving $ 103.2 billion. / p>
According to business results, sales of the iPhone reached $ 65.6 billion in the fourth quarter of last year, compared to $ 55.95 billion in the comparative period.
Mac sales rose to $ 8.6 billion, iPad revenues increased to $ 8.4 billion, and service sales jumped to $ 15.76 billion from $ 12.7 billion in the same period a year ago. .
