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Apple (AAPL) reports record Q2 2021 earnings: $89.6 billion in revenue, up 54% YOY

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<p>Apple (AAPL) has officially reported its earnings for fiscal Q2 2021, covering the months of January, February, and March. For the quarter, Apple reported $89.6 billion in revenue and profit of $23.6 billion. This compares to the revenue of $58.3 billion and profit of $11.25 billion the company posted for the same quarter last year.</p>
<p>Apple touts that both Mac and Services categories have hit new all-time records for quarterly revenue. Overall revenue is a record for the March quarter. Apple’s gross margin for the quarter was 42.5 percent.</p>
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