Apple Shoots Records With Over $111 Billion Revenue In Qtr 1
US tech giant Apple generated record-breaking revenue of $111.4 billion during its 2021 fiscal first-quarter (October-December). It collected $95.68 billion from products, $15.76 billion from services and $12.97 billion from wearables. As per analysts, sales worth $65.6 billion of 5G equipped iPhone 12, which was released in October 2020, majorly contributed to the total revenue. Besides, the Wall Street expects 220-million sales of iPhone units in 2021.