Apple's record $81.4 billion Q3 obliterates Street expectations

Apple earned a record $81.4 billion in revenue for the third fiscal quarter of 2021, blowing past analyst expectations on the back of across-the-board growth in all major product categories.Published shortly before its quarterly conference call with industry analysts, Apple reported $81.4 billion in total revenue for the quarter ending June 2021. The figure is year-on-year growth of 36.3% from Q3 2020, when it brought in $59.7 billion at the start of the COVID-19 pandemic.Analysts anticipated revenues of about $73.3 billion. Read more...