What seems to have tripped Apple shares in 2021 has little to do with business fundamentals. Apple (AAPL) delivered earnings and revenue surprises of 19.15% and 8.71%, respectively, for the quarter ended December 2020. Apple reported strong iPhone, iPad, and Mac computer sales for the fourth quarter of 2020, its fiscal first quarter of 2021. Apple (AAPL) has officially reported its earnings for Q1 2021, covering the lucrative holiday shopping season. Apple's Board of Directors has also declared a cash dividend of $0.205 per share of the company's stocks, payable on Feb. 11, 2021 to shareholders of record as of close of business on Feb. 8, 2021. Apple … Shares took a hit in the minutes prior to the release of the earnings report. Press release: Apple Reports First Quarter Results. Apple Earnings, An Interview with Jay Goldberg About Chips and Intel Posted on Thursday, January 28, 2021 Thursday, January 28, 2021 Author by Ben Thompson Apple crushed earning, thanks in large part to China. Analysts were expecting $103.3 billion. While … We started our fiscal 2021 with exceptional business and financial performance during the December quarter as we set all-time, records for revenue, operating income, net income, earnings per share, and operating cash flow. Earnings per share in the … Facebook CEO Mark Zuckerberg used the opening remarks of the company's fourth quarter earnings call to blast Apple over its upcoming privacy changes and to say Facebook increasingly sees Apple … However, Apple has mainly positive things coming out of … Apple Q1 2021 Earnings Preview Jan. 26, 2021 1:07 PM ET Apple Inc. (AAPL) By: Gaurav Batavia , SA News Editor 28 Comments Apple (NASDAQ: AAPL ) is scheduled to announce FQ1 earnings … Apple today reported its fiscal Q1 2021 earnings, which cover the final calendar quarter of 2020 and the holiday sales season. Apple on Wednesday announced its earnings for the first fiscal quarter of 2021, reporting all-time record revenue of $111.4 billion, up 21 percent year over year. Apple released its fiscal Q1 2021 results. Its quarterly revenue was up 21.4% on a year-over-year basis. Apple is so big that it is hard to believe in a big breakout for a stock that takes a lot to move the needle. Apple reports a record-breaking Q1 2021 earnings with $111.4 billion – the highest earnings for a quarter in company history. Do the numbers hold clues to what lies ahead for the stock? The stock set its all-time intraday high of $138.79 on Dec. 29 and is down 8.8% from this high. CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® today announced financial results for its fiscal 2021 first quarter ended December 26, 2020. January 27, 2021, 4:36 PM EST Updated on January 28, 2021, 8:29 AM EST ... IPhone 12 Demand Boosts Apple's Earnings. Revenue up 21 percent and EPS up 35 percent to new all-time records. Data source: Nasdaq. This stream is best experienced on an iPhone, iPad, or iPod touch using Safari on iOS 10 or later; a Mac using Safari on macOS Sierra 10.12 or later; or a PC using Windows 10 and Microsoft Edge. Here are the key numbers to watch from Apple's Q1 earnings: Q1 2021 revenue: $111.4 billion. At this time, for opening remarks and introductions, I … Apple reported its Q1 2021 earnings after the closing bell on Wednesday, easily surpassing analysts’ expectations on the back of strong sales of its iPhone 12 line of smartphones.These are most important numbers from the report compared with what analysts were predicting. 1. Apple Inc (AAPL) closed Wednesday, Jan. 6, at $126.60, down 4.6% so far in 2021. The iPhone maker reported $1.68 EPS for the quarter, beating the consensus estimate of $1.41 by $0.27. Apple (AAPL) Q1 2021 Earnings Call Transcript Robust iPhone 12 Sales Help Apple Deliver a Record-Setting Quarter Apple's iPhone Sales Could Blow Up in This Market in 2021 The … Rather, P/E (price to earnings ratio, a valuation metric) … However, this is exactly what may happen in 2021. Apple saw double-digit growth in every product category for its fiscal 2021 first quarter ended Dec. 26, 2020, which drove revenue records in each geographic region and set … Apple stock forecast 2021: is Apple a good stock to buy? As it does, Apple will report of a series of record-breaking blowout earnings report throughout 2021, the sum of which will spark a big rally in AAPL stock. Ahead of Apple’s earnings report, analysts on Wall Street were anticipating revenue of $103 billion and EPS of $1.41. The company has reached two major milestones during this quarter which encompasses the months of October, November, and December. Apple posted an overall gain for Q1 of 2021. Apple earnings: Strong iPhone sales pushed the company's total quarterly revenue to a record $111.4 billion — well above the $103.3 billion Wall Street analysts had predicted. Cupertino tech giant Apple Inc (NASDAQ:AAPL) has reported its financial earnings for the first quarter of the fiscal year 2021.The company earned $111 … Apple shares got off to a quick start in 2021, with investors apparently enthusiastic about tomorrow’s Q1 earnings prospects. Apple roared past Wall Street estimates for the holiday 2020 quarter, riding sales of new iPhones to total revenue of $111.4 billion, up 21% from the same period in 2019. Revenue: $111.44 billion versus $103.12 billion expected Earnings per share: $1.68 versus $1.42 expected Apple this week reported its earnings results for the first quarter of the 2021 fiscal year, which corresponds with the fourth quarter of the 2020 calendar year. Apple is set to report its fiscal first quarter 2021 earnings on Wednesday. Product sales could hit records in 2021. 4:41. Good day, and welcome to the Apple Q1 Fiscal Year 2021 Earnings Conference Call. Apple enters the new year after delivering a strong earnings report for the fiscal fourth quarter. iPhone, Wearables, and Services set new revenue records. We are thrilled with the way our teams continue to innovate and execute throughout this period of elevated uncertainty. Today will see the announcement of AAPL earnings Q1 2021 – the company’s first fiscal quarter of the year, which is the final calendar quarter of 2020. The iPhone maker topped $100 billion in quarterly sales. Apple today announced financial results for its fiscal 2021 first quarter ended December 26, 2020. Apple last released its earnings data on January 26th, 2021. Check out the transcript of Apple's Q1 2021 earnings call. Apple no longer reports specific product sales, however, the quarter reportedly saw “double-digit growth in each product category,” with gross margins up from $35.2 billion in Q1 2020 to $44.3 […] The Company … SHARE THIS ARTICLE. LISTEN TO ARTICLE. Today's call is being recorded. Apple’s fiscal 2021 revenue is then projected to jump 17%, with its adjusted earnings expected to come in 23% higher. Some analysts are already expecting the company to post a strong season partly due to pent-up iPhone demand. And AAPL’s positive longer-term earnings revisions help it … Streaming to Apple TV via AirPlay requires an Apple TV (2nd generation or later) with the latest Apple TV software or tvOS. 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