Apple (NASDAQ: AAPL) announced 2021 Q1 earning results on April 28th, 2021. According to the announcement, net sales was up 53.6% (YoY, 3 months). In addition, operating income and net income were up 114.0% and 110.1%, respectively (YoY, 3 months).
The product segment is driving sales with growth of 61.6%. On the other hand, growth of the service segment was 26.6%. As for the sale of each product, Mac showed the largest growth of 70.1%, followed by iPhone of 65.5%.
When reviewing the sales by region, growth of sales in Great China was the largest of 87.5%. This was followed by 55.8% growth in Europe and 48.7% growth in Japan.
Apple is continuously showing double-digit growth in its sales. We expect that this trend would be continuous in the future.
- Watanabe & Brothers’ Investment is holding shares of Apple.
- This report is provided solely for informational purpose and not intended for the purpose of soliciting investment in, or as a recommendation to purchase or sell any specific products.
- Any opinions or statements expressed in this report are based on the author’s personal and subjective views, and are not the official views of the organization to which the author belongs. In addition, although we have done our best efforts in making accurate assessments on the original financial statements, we cannot guarantee any complete accuracy of this report. We do not guarantee either that any future forecasts referred to in this report will certainly be realized. Investment in listed stocks, ETFs, etc. should be carried out under the responsibility of each investor, and even if the investor who read this report suffers a loss due to investment activities, Watanabe & Brothers’ Investment is not responsible for any liability.
- This report was originally prepared in English, and translated into the other languages with plugin utilizing Google Translation API. We hereby notify that the translations are provided only for the sake of reference, and any opinions or statements in this report should be interpreted in original English. We ask any investors reading this report to refer to the original financial statements issued by the company.