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Notes of interest from Apple's Q3 2021 earnings report and conference call


 
Apple posted the financial results from its second fiscal quarter of 2021 on Tuesday, breaking all of the company s third fiscal quarter records with $81.4 billion in revenue. Following are the notes of interest from both the report and the subsequent analyst conference call, with remarks from Apple CEO Tim Cook and CFO Luca Maestri.
Highlights from the earnings report
Published by Apple shortly before its quarterly conference call with industry analysts, Apple reported $81.4 billion in total revenue for the quarter ending June 2021. The figure is year-over-year growth of 36.3% from Q3 2020, when it generated $59.7 billion at the start of the COVID-19 pandemic. ....

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PC growth is peaking but won't accelerate further, say analysts


PC growth is peaking but won t accelerate further, say analysts
By Bloomberg
By Ian King
Dell Technologies and HP reported revenue and earnings that showed consumers and companies continue to buy personal computers even as pandemic lockdowns ease in some parts of the world. The strong results didn t help the stocks, which declined.
Round Rock, Texas-based Dell said fiscal first-quarter sales rose 12% to $24.5 billion, compared with analysts average estimate of $23.3 billion, according to data compiled by Bloomberg. HP reported revenue in its fiscal second quarter jumped 27% to $15.9 billion, also topping estimates by $1 billion. HP also raised its annual profit target. ....

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