US know-how giants Apple and Facebook have launched their monetary reviews for the first quarter of 2021.
In keeping with the assertion made by Apple, within the January-March interval of this yr, the corporate’s income elevated by 54 % in comparison with the identical interval final yr, reaching $ 89.6 billion. The corporate generated $58.3 billion in income within the January-March interval of 2020.
NET PROFIT INCREASED 110 PERCENT
Apple’s internet revenue additionally rose 110.1 % yr on yr to $23.6 billion throughout the identical interval. The corporate’s earnings per shareOn this interval, it elevated from $ 0.64 to $ 1.40.
Throughout that interval, Apple’s sensible cellphone, pill and laptop gross sales elevated. Income from iPhone gross sales rose 65.5 % yr on yr to $47.9 billion within the January-March interval.
in the identical interval iPad gross sales Mac gross sales rose 78.7 % to $7.8 billion, whereas Mac gross sales rose 70.1 % to $9.1 billion.
One of many world’s largest social networking websites Facebook additionally elevated its income and revenue within the first quarter of this yr.
In keeping with the assertion made by Facebook, the corporate’s income within the first quarter elevated by 48 % in comparison with the identical interval final yr, elevated to $26.2 billion. Facebook generated $17.7 billion in income in the identical interval of 2020.
FACEBOOK’S NET PROFIT INCREASED 94 PERCENT
Facebook’s internet revenue additionally rose 94 % within the first quarter to $9.5 billion. The corporate made a internet revenue of $ 4.9 billion within the January-March interval of 2020.
Facebook’s earnings per share, which was $1.71 within the first quarter of 2020, rose to $3.30 in the identical interval of this yr.
The variety of day by day and month-to-month energetic customers of Facebook additionally elevated throughout this era. The variety of energetic customers of the social media platform elevated by 8 % on an annual foundation as of March, reaching 1.88 billion.
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