7/27, 10:30 PM (Source: TeleTrader)
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Chart for: Apple

Apple tops estimates with Q3 revenue at $81.4B

Apple said on Tuesday its revenue in the third quarter of its fiscal 2021 amounted to $81.4 billion, climbing 36% year on year and topping estimates.

Earnings per share (EPS) also came in above expectations at $1.30 and iPhone sales surged 50% to $39.6 billion.

"This quarter, our teams built on a period of unmatched innovation by sharing powerful new products with our users, at a time when using technology to connect people everywhere has never been more important," CEO Tim Cook stated.

Apple shares rose 0.67% in after-hours trading.

Breaking the News / NP