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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

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. The first fiscal of 2021 marks the first time in nine quarters that Apple's Services segment increased revenue by more than 20 percent. Apple Music In Apple's quarterly earnings announcement on Jan. 27, the company announced Services revenue of $15.8 billion for the final three months of 2020, representing a 24% increase over the same period in 2019. "The steep integration of hardware, software and Services have always defined our approach here, and it has delivered an all-time quarterly Services record," Apple CEO Tim Cook said on the earnings call. "This was the first quarter of the Apple One bundle, which brings together many of our great Services into an easy subscription, and with new content being added to these services every day, we feel very optimistic … [Read more...] about Apple raked in record $15.8B in services revenue during Q1

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

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. Apple doesn't release ratings data, but third party data says the limited series "Defending Jacob" is the closest thing the service has to a breakout hit. Defending Jacob , the Apple TV+ limited series starring Chris Evans as a lawyer whose teenaged son is accused of murdering a classmate, wraps up its run with its finale episode May 29. The series, which combines elements of family drama, psychological thriller and courtroom procedural, was based on a novel of the same name by William Landay. Since Apple TV+ launched in November 2019, it hasn't had seen any of its shows emerge as a massive, culture-grabbing smash. But in recent months, there have been various indications that Defending Jacob has been something close to a breakout for Apple. … [Read more...] about Just as it ends, ‘Defending Jacob’ looks like the most popular Apple TV+ show

Review The new AirPods Max are turning heads with a high price tag and excellent audio quality. But is what you get worth the $549? AirPods Max design AirPods Max come in five different colors, sky blue, green, pink, silver, and space gray. Each color is two-toned, featuring a lighter color on the anodized earcups and a darker one for the headband. AirPods Max have one of the most bespoke designs ever created for a set of headphones. The top portion of the headphones is made of stainless steel before being coated with a premium soft-touch material akin to silicone. The canopy is made from a proprietary mesh that is designed to wrest just atop your head. AirPods Max Each arm of the AirPods Max extend to accommodate user's heads of different sizes. Anodized aluminum makes up the cups themselves, which is lighter than the steel and allows for the svelte anodization Apple is known for. Each of the cushions on the earcups are a similar mesh … [Read more...] about Review: AirPods Max don’t make it easy to justify the price

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's multimillion dollar investment in Tom Hanks vehicle "Greyhound" appears to have paid off, as opening Apple TV+ viewer numbers rivaled those of a traditional summer box office hit. Citing sources familiar with the matter, Deadline reports " Greyhound " was the largest opening weekend release in Apple TV+ history, including bows for original series. While exact numbers were not revealed, insiders claim initial viewership was in the same league as big-budget summer theatrical debuts. "Greyhound" was originally destined for the screen before the coronavirus pandemic put a kink in Sony's plans for the film. Apple acquired streaming rights to the property in May as part of a deal estimated to be worth some $70 million. More importantly for Apple, … [Read more...] about ‘Greyhound’ viewer numbers equal summer box office smash, report says