Tim Cook believes that many companies will continue to employ workers remotely even after coronavirus numbers decrease.
While some believe that working from home is merely a temporary side effect of the pandemic, Apple is betting that remote work will likely outlast the coronavirus.
"Where this pandemic will end, many companies will continue to operate in hybrid mode," Cook said in Wednesday's quarterly earnings call. "Work from home will remain very critical."
Apple has seen record-breaking growth this quarter, with 53.6% growth year-over-year. Outperforming all other devices, iPad has seen growth of over 78% this quarter, likely due to work-from-home and the increased role iPad plays in remote learning.
Mac also saw 70% growth, $9.1 billion in revenue, up from $5.4 billion a year ago. The company noted that the last three quarters were the best ever for Mac.
"The demand feels very strong right now," Cook said of the quarterly performance. "Both on the Mac side, you have the combination of work from home and remote learning. And in iPad, you've got remote learning and work from home as well."
In October, Cook said that Apple saw growth in sales to remote students and home workers and believed that trend would continue.
16 Comments
Correct. Working from home is now demystified, and companies have seen productivity levels maintained (or exceeded in some cases). Side benefits are greater accessibility for those who have trouble commuting physically or otherwise, fewer cars in the road, lessened need to live in expensive, crowded urban hubs, etc. The greater flexibility is beneficial to companies and employees. We shouldn’t just forget that as the viral risk levels decline.
Plus some people just hate offices. Hi!
While I do miss the ease of collaborating with my peers and the insights that can occur in those accidental hallway conversations, I sure have been enjoying WFH. No commute and the comfort of life in my quiet neighborhood in the hills has been really nice. I feel super lucky to have been able to do this.
I am definitely going to be negotiating with my employer for a hybrid work arrangement once return to office full time takes place. Only problem I see is that I will need to bring my office equipment back (mainly 27" 5K iMac), so I will have to update my personal tech to re-establish a home office set up. My employer won't likely provide two sets of computers--it's either desktop or laptop, not both. Maybe I can turn in the work iMac for a work laptop, but I'd just as soon get my own laptop--I'm overdue for an upgrade. Just not looking forward to the expense though.