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Mac OS Ken

Mac OS Ken: 01.28.2021

Mac OS Ken

Ken Ray

Technology

4.7995 Ratings

🗓️ 28 January 2021

⏱️ 20 minutes

🧾️ Download transcript

Summary

- Apple Reports Record Revenue of $111 Billion - Sun Basket - Eat Clean, Feel Great. Use promo code macosken for $35 off your order at SunBasket.com/macosken! - Ken's going live on YouTube! Subscribe to his channel: YouTube.com/kenray - Power what we do next for as little as $1 a month. Join the Mac OS Ken Test Kitchen at Patreon at Patreon.com/macosken - Send me an email: info@macosken.com or call (716)780-4080!

Transcript

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0:00.0

This is MacO-S-Kinn. A record-breaking quarter for Apple. It is Thursday the 28th of January 2021. I'm Ken Ray and this is

0:18.1

news from Macco West Ken brought to you by yours truly and sponsored by SunBasket, delivering oven ready meals

0:26.6

that are fast, fresh, and delicious.

0:30.2

Get $35 off your order using promo code Maco West can at SunBasket.com slash Maco West can.

0:40.8

This show is also supported by people like you, patrons through Patreon.

0:47.0

Find out more and that your support at Patreon.

0:51.0

dot com slash Maco-West can. Patreon. that Apple's revenue for the December quarter would come in over $100 billion.

1:06.8

Revenue crushed that.

1:09.2

The highest estimate we'd heard from any analyst was revenue of $110 billion. Revenue crushed that.

1:17.6

On Wednesday, Apple announced all-time record revenue of $111.4 billion that represented a 21% increase from the 91.8

1:29.0

billion Apple took in for the same quarter a year earlier, the company's last quarterly record.

1:36.0

Revenue from products came in at about $95.7 billion, up from $79.1 billion a year earlier, an increase of 21 percent. While revenue from services

1:46.9

came in at about 15.8 billion dollars, up from 12.7 billion in the year ago quarter, an increase of about 24%.

1:57.0

All of that was on earnings per share of $1.68, an increase of 35% and another all-time record.

2:07.0

International sales accounted for 64% of the quarter's revenue according to Apple,

2:12.0

which claimed double-digit growth in every geography they track.

2:17.0

Sales in the Americas rose from 41.4 billion dollars in the year ago quarter to 46.3 billion an increase of about 12%.

2:26.3

Europe was up about 17%, Japan was up about 34%. China was up a crazy sounding 56%, and the rest of Asia Pacific was up about 11%.

2:40.4

Looking at hardware in general, Apple CEO Tim Cook said on Wednesday's earnings call

2:45.6

that there are over 1.65 billion devices in Apple's installed base

2:51.5

Most of which are iPhones.

2:54.6

There are over a billion of those active in people's pockets and purses today.

...

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