Apple announced 2021 Q1 Earning Results on January 27th, 2021

Apple (NSDAQ: AAPL) announced its 2021 Q1 financial results on January 27th, 2021. As a result, net sales and operating income grew 21.4% and 31.2%, respectively, while operating cash flow grew 27.0%.

As for net sales depending on each segment, iPad growth was the highest up 41.2%, followed by wearables, home and accessories of up 29.6%. Net sales of service segment maintained its high growth rate of 24.0%.

Currently, Apple’s shareholders’ equity ratio is slightly low and its current ratio is declining. However, we believe it is not problematic at this moment since main cause for the deterioration of financial indicators is due to large amount of repurchase of common stocks, and the growth rate of operating cash flow is still high. 

Apple Inc. (NASDAQ: AAPL) Stock Chart

Important Notice 

  1. Watanabe & Brothers’ Investment is holding shares of Apple. 
  2. 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. 
  3. 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.
  4. 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.
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