2020-07-31T11:00:01+00:00

Apple reports revenue of $59.69 billion in the third quarter

Apple Park headquarters Credit: Carles Rabada

Apple announced revenue of $59.7 billion and a net quarterly profit of $11.25 billion for the third fiscal quarter of 2020, which corresponds to the second calendar quarter of the year.

The company reported growth across all of its product lines for Q3, from the iPhone, which has seen slowed growth in recent years, to its booming wearables and services businesses. The iPhone revenue of $26.4 billion for the quarter, an increase from the year-ago quarter.

Sources: Content Sources

Source: apple.com

Image Source

Carles Rabada

Pentributor:

Érico Andrei

@ericof

Co-founder of Pendect, passionate about open source and knowledge sharing. Made in Mooca.

Card reviewed by: @christoph

Categorization:

Organizations & Institutions

Apple Inc.

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