Apple is trying to goose sales even more during the current quarter with a new purple iPhone 12. Mac sales soared 70 per cent to US$9.1 billion, a revenue record for the company, and iPad sales climbed 79 per cent to US$7.8 billion. The company's steadily expanding services division generated revenue of US$16.9 billion during the quarter, up 27 per cent. That division includes 15 per cent to 30 per cent commissions that Apple collects from most paid transactions completed with iPhone apps. Analysts were expecting Microsoft to earn US$1.78 per share on revenue of US$41 billion for the fiscal quarter ending in March, according to FactSet.

Source: New Zealand Herald April 28, 2021 22:41 UTC