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Author Topic: Apple earned $1 billion every day this financial year  (Read 156 times)
HCK
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« on: October 31, 2021, 04:05:29 pm »

Apple earned $1 billion every day this financial year

"A billion dollars every day... $41 million dollars every hour... $695,000 every minute... $11,500 every second"

What you need to know


Apple announced its Q4 revenue yesterday.
CEO Tim Cook says the company recorded $366 billion in revenue this financial year.
That means for the first time Apple has made $1 billion every day for a year.


Apple CEO Tim Cook has confirmed that the company earned $366 billion in the last financial year, meaning the company earned $1 billion every single day.

Apple reported record revenue in Q4, despite supply constraints, of $83.4 billion, up 29% from the year before. That means that for the whole year Apple recorded $366 billion in revenue. Tim Cook stated:


  This fiscal year, we reported $366 billion of revenue, which represents 33% annual growth. We also achieved more than 20% growth across all of our product categories and in every geographic segment. And today, Apple is reporting another very strong quarter. Demand was very robust, and we s...

Source: Apple earned $1 billion every day this financial year
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