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Summary:
Kicking off a short series on the state of Black representation in the tech sector, an update on how some firms are trying to address long-standing inequalities and encourage change.
Today marks the start of Black History Month in the US, an occasion that Apple has chosen to mark with the launch of a limited edition Black Unity watch, so that anyone with $399 to spare can show their solidarity.
(Apple - Black Unity)
Black History Month, or African American History Month, is celebrated each year during February to highlight the contributions and achievements of African-American individuals and communities, as well as the struggles for freedom and equality in the United States.
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Operator
Good day, and welcome to the Apple Q1 fiscal-year 2021 earnings conference call. Today s call is being recorded. At this time, for opening remarks and introductions, I would like to turn the call over to Tejas Gala, director of investor relations and corporate finance. Please go ahead.
Tejas Gala
Director of Investor Relations and Corporate Finance
Thank you. Good afternoon, and thank you for joining us. Speaking first today is Apple s CEO, Tim Cook, and he ll be followed by CFO Luca Maestri. After that, we ll open the call to questions from analysts.
Please note that some of the information you ll hear during our discussion today will consist of forward-looking statements, including, without limitation, those regarding revenue, gross margin, operating expenses, other income and expense, taxes, capital allocation, and future business outlook, including the potential impact of COVID-19 on the company s business and results of operations. These statements involve risks
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Source: Apple
Apple CEO Tim Cook and CFO Luca Maestri spoke with analysts during the company s Q1 2021 earnings call. Here s our ongoing live transcript of their remarks! If you want some quick analysis on Apple s results, we recommend checking out the awesome charts from Six Colors.
Cook s opening remarks
Tim Cook
Good afternoon, everyone. Thanks for joining the call today. It s with great gratitude for the tireless and innovative work of every Apple team member worldwide that I share the results of a very strong quarter for Apple. We achieved an all-time time revenue record of $111.4 billion. We saw strong double-digit digit growth across every product category, and we achieved all-time time revenue records in each of our geographic segments. It is not far from any of our minds that this result caps off the most challenging year any of us can remember, and it is an understatement to say that the challenges it posed to Apple as a business paled in comparison to the challenge it
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