New reports claim that Apple will announce a record $100 billion of sales in the quarter, at the month-end, during its earnings call.
According to iMore, Apple is expected to announce a figure of $100 billion in quarterly sales. A huge earnings report will be unveiled on January 27th.
A recent report of London Loves Business (LLD) revealed this big news.
Apple: Leading the way with great success
LLD’s report mentioned that it’s the first time in history the California tech giant will unveil $100 billion of sales from just one quarter.
Here’s an excerpt:
This three-monthly ritual might grab a few more headlines than normal because analysts expect Apple to generate sales of more than $100 billion a single quarter for the first time in its history. Russ Mould, AJ Bell Investment Director. “If the consensus forecast of $102.6 billion is attained, that would equate to year-on-year sales growth of 12%, the fastest rate of advance in ten quarters.”
It clearly mentions that the sales figures of the latest iPhone 12 line-up have boosted the revenue percentage. Apart from them, the Watch series and other accessories also contributed to this.
Previously last year also, the company revealed great fourth-quarter earnings on September 26, 2020. They stood at $64.7 billion.
It’s actually commendable the way the California tech giant managed to outperform its rivals in global sales. Even during a pandemic and weakened economy, it remained at the top. The second-gen iPhone SE sold brilliantly due to its affordable factor. The Watch line-up grew stronger while new products kept coming. Then the arrival of the iPhone 12 series changed the entire game as buyers seemed interested in upgrading! It all happened amid the inevitable Coronavirus phase.
Upcoming products of 2021
This year also seems promising when it comes to anticipated products from the iPhone maker. Tech enthusiasts are hoping for big announcements. Talking about new arrivals, then AirTags and AirPods Studio are on top of the list for now. After that, in June, WWDC will reveal the upcoming version of its software, iOS 15. Its also expected to give more new features to the users while keeping privacy a priority.
Recently, it was also revealed that Apple Car is happening in reality. And it may arrive by 2024 itself! So everyone will be interested in that as well, as the company enters the automobile sector.
This year will also witness the next generation of Apple’s smartphone series. The iPhone 13 is already a huge topic of curiosity due to lots of big rumors. Some say it won’t have any charging ports and will be completely port less. However, it might not happen in 2021. Other speculations are hinting towards a notch-less design on the front. But that also seems unlikely as of now, at least until 2023.
Image courtesy of Apple/YouTube Screenshot