AppleInsider breaks down every record Apple smashed in its gargantuan fiscal quarter ending in December 2020. Apple's first fiscal quarter was one to remember, breaking records left and right on its way to a staggering $111.4 billion in total revenue. While that number was the biggest takeaway, it was far from the only record the company shattered. Total revenue Apple brought in a staggering $111.4B in Q1 2021 During the 1Q 2021 financial quarter, Apple raked in $111.4 billion in total revenue. This is the first time the company has passed $100 billion for a quarter, breaking its previous record of $91.8 billion in the prior year's December-ending quarter. It's all the more surprising that Apple did this during a global pandemic, as many working families cut down on luxury purchases. Impressive iPad and Mac sales boosts may have partially reflected the greater need for work-from-home and Zoom-friendly computing devices. However, the iPhone continued … [Read more...] about Ten records Apple broke in its historic holiday 2020 quarter
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Returning to the Apple Store – the new normal
Feature AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. For the first time since March 2020 all 270 Apple Stores in the US are now open in some capacity. AppleInsider has visited a few stores in the last few weeks, and the experience is radically different than what it was a year ago, or even when the stores reopened for the first time. Over the past year, my local Apple Store found in the Westfield Brandon Town Center mall has remained open save for only a few sporadic weeks. While I haven't had much need to visit in-person over the past year, two faulty MacBooks finally required me to make a Genius Bar appointment and bring them in for repair. Users looking to make any kind of Genius Bar appointment should plan far ahead as the earliest appointments for this location were at least one week out. If … [Read more...] about Returning to the Apple Store – the new normal
Apple’s $111.4B Q1 shatters quarterly record with massive growth across all categories
AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Apple earned $111.4 billion in revenue in the first quarter of 2021, blasting past the $100 billion barrier for the first time on double-digit growth across all product categories. Announced before the company's usual conference call with analysts, Apple's revenue of $111.4 billion for the quarter ending December 2020 represents growth of 21% on the $91.8 billion seen one year prior , itself a record-setting set of results. Earnings per share is set at $1.68, comparatively higher than the $4.99 seen in Q1 2020 before the four-way stock split . The gross margin of $44.3 billion is up from Q1 2020's $35.2 billion, while operating expenses are up/down year-on-year to $10.8 billion from $9.6 billion. Net profit is $28.8 billion, an improvement from $22.2 billion one … [Read more...] about Apple’s $111.4B Q1 shatters quarterly record with massive growth across all categories
How-To: Get yourself an affordable multi-room AirPlay setup
One of the downsides of being early adopters of new technology is that we tend to buy the best system available at the time, only for a better one to come along later. I’m sure we’ve all been there. That was the case for me with wireless audio. I wanted, many years ago, to be able to stream music to two other rooms in the house. I invested in a couple of Logitech Streambox Booms, which did the job. My Mac acted as a music server, and I could stream both my music library and Internet radio to the Logitech boxes. But it was a clunky setup, a scrollwheel used to select artist, album and track in much the same way as the original scrollwheel iPod – though viewing only one line at a time. AirPlay, when it came along in 2010, was a markedly better solution, but also came with a far higher price-tag. However, the upside of Apple neglecting AirPlay is that there are a lot of heavily-discounted discontinued products around. It was only when writing that opinion piece that I noticed … [Read more...] about How-To: Get yourself an affordable multi-room AirPlay setup