Apple yesterday, announced its earnings for the fourth fiscal quarter of 2021. For this period, Apple saw $20.6B in profit and $83.4B in revenue. Both its services and Mac sales hit new all time records as well as hitting new records for the full fiscal year.
For Q4, iPhone made up 46.6% of sales, Mac 11.0%, Services 21.9%, iPad 9.9% and the wearables and home category was 10.5%. For the full year, Apple saw $365.8 billion in sales and $94.7 billion in net income. Compared to 2020, this is up from $274.5 billion in sales and $57.4 billion in net income.
“This year we launched our most powerful products ever, from M1-powered Macs to an iPhone 13 lineup that is setting a new standard for performance and empowering our customers to create and connect in new ways.”
Tim Cook, Apple CEO