{"id":18658,"date":"2021-01-20T15:31:31","date_gmt":"2021-01-20T14:31:31","guid":{"rendered":"https:\/\/www.apfelpatient.de\/?p=18658"},"modified":"2021-01-20T15:31:34","modified_gmt":"2021-01-20T14:31:34","slug":"q1-2021-apple-cracked-the-100-billion-mark","status":"publish","type":"post","link":"https:\/\/www.apfelpatient.de\/en\/news\/q1-2021-hat-apple-die-100-milliarden-marke-geknackt","title":{"rendered":"Q1 2021: Has Apple broken the 100 billion mark?"},"content":{"rendered":"

Apple will open its books on January 27th and thus announce its Christmas quarter figures disclose<\/a>Now there is a report that the company may be setting a new record.<\/strong><\/p>\n\n\n\n

Apple will release its results for the first fiscal quarter of 2021 (fourth calendar quarter) on January 27. Side note: Apple's fiscal year starts on October 1 and ends on September 30. It is now believed that the Cupertino-based company has generated sales of 100 billion US dollars in a quarter for the first time in history. writes<\/a> LLD:<\/p>\n\n\n\n

This three-month ritual could generate a few more headlines than usual because analysts expect Apple to have generated more than $100 billion in revenue in a single quarter for the first time in history. Russ Mould, AJ Bell Investment Director: "If the consensus forecast of $102.6 billion is met, that would equate to revenue growth of 12% year-on-year, the fastest rate of increase in ten quarters.<\/p><\/blockquote>\n\n\n\n

Apple: iPhone 12, M1 Macs and more<\/h3>\n\n\n\n\n\n\n\n

The forecast takes into account not only the iPhone 12 series but also the brand new M1 Mac devices. But the services division and wearables also play a major role. Mould notes that the consensus estimate for earnings per share in the first quarter is $1.39, a figure that is Nasdaq<\/a> supported by Investing.com writes<\/a>:<\/p>\n\n\n\n

Apple, whose earnings and revenue easily beat expectations last quarter, will report its financial results after the market close on Wednesday, January 27. Consensus is calling for earnings per share of $1.40 for the key first quarter of fiscal 2021, which includes the holiday shopping season, up 12% from the same period last year. Revenue is expected to rise more than 11% from the same period last year to $102.3 billion, driven by rising demand for the new 5G-enabled iPhone 12 models recently unveiled.<\/p><\/blockquote>\n\n\n\n

It remains to be seen whether the forecast will actually be confirmed. We will know for sure next Wednesday. (Photo by Inked Pixels \/ Bigstockphoto)<\/em><\/p>\n\n\n\n