Mike Peterson
Apple's Mac product lineup hit a new record high in the June quarter, and the company says iPad had the highest June quarter by revenue in nearly a decade.
Revenue for the Mac hit $8.2 billion in Q3 2021, up 16% year-over-year. Apple's iPad lineup is also up 12% year-over-year to $7.4 billion, Apple said in its quarterly earnings report on Tuesday.
Sales of both Macs and iPads have surged during the coronavirus pandemic as people switched to a remote work and education environment. The previous quarters have been the best-ever for Apple's Mac lineup, and the iPad has benefited, too.
The launch of both iPad and Mac models with the M1 chip has also bolstered sales. The company is expected to launch new MacBook Pro models and other Mac devices with an M1 chip later in 2021.
During the company's second quarter earnings call, Apple warned that the iPad and Mac could both be affected by supply chain issues. However, Apple also said it expected greater seasonal revenue declines in the June quarter.
Charles Martin
Malcolm Owen
William Gallagher
Christine McKee
Wesley Hilliard
Andrew Orr
4 Comments
Given the fluidity between Mac and iPad as computing devices, that means Apple had a $15.6 billion computer arm in that qtr.
Hokey smokes, the Mac sales!
It's quite the coincidence that dropping Intel from the Mac happens and Apple achieves Intel-like gross margins. I mean, I know that can't be the whole story, because so much of Apple's revenue comes from other sources. But their margins this quarter are CRAZY.
I bought a 2TB 12.9” M1 iPad Pro July 1 for $2300 including a new version 2 Apple Pencil. so next quarter is going to be even bigger with School coming round the Zoom bend. This tool is awesome on Zoom! Better Zoom than I’ve ever had before.
M1 baby!
Can’t wait for all Macs on the market to be M1 (new and old).