Idc yoy 39.9m apple 12.7m yoy

Idc yoy 39.9m apple 12.7m yoy

Idc yoy 39.9m apple 12.7m yoy has recently released its financial results for the third quarter of 2021, revealing that the company has sold 39.9 million iPhones and 12.7 million iPads year-over-year. This is a significant increase compared to the same period last year, where the company sold 26.4 million iPhones and 10.3 million iPads. The increase in sales can be attributed to the launch of the iPhone 12 series and the iPad Pro earlier this year.

The iPhone 12 series, which includes the iPhone 12, iPhone 12 mini, iPhone 12 Pro, and iPhone 12 Pro Max, has been well-received by consumers worldwide. The new devices feature a sleek design, improved camera system, and faster processing speeds. In addition to the iPhone 12 series, the iPad Pro has also contributed to the increase in sales. The latest iPad Pro models come with a new M1 chip, which provides faster performance and longer battery life. The device also features a Liquid Retina XDR display, making it ideal for creative professionals who require high-quality visuals.

Furthermore, Apple’s services segment has also seen significant growth, with revenue reaching $16.9 billion in the third quarter of 2021. This segment includes Apple Music, Apple TV+, Apple Arcade, and iCloud, among others. The company’s subscription-based services have been well-received by consumers, with Apple Music reaching over 75 million subscribers worldwide. Despite the increase in sales and revenue, Apple’s stock price has remained relatively stable. This can be attributed to concerns over the ongoing global chip shortage and potential supply chain disruptions due to the COVID-19 pandemic.

Conclusion

In conclusion, Apple’s strong performance in the third quarter of 2021 can be attributed to the successful launch of the iPhone 12 series and the iPad Pro, as well as the growth of its services segment. While concerns over the global chip shortage and the ongoing pandemic remain, Apple’s strong brand and loyal customer base continue to drive sales and revenue growth.

Sonia Awan

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