BT: 5G gives MVNOs more scope in business segments
Nick Wootten, MVNO director at BT Wholesale, talks about how 5G can open up the MVNO business
Saf Malik
July 29, 2021
Apple also reported record-high services revenue
Apple has reported revenue growth of 36 per cent year-on-year, largely down to strong iPhone sales.
Services revenue also reached a record high as the US giant posted revenue of $81.4bn for its third fiscal quarter 2021, significantly higher than the $59.6bn for the same period last year.
It follows a strong year for Apple, with its most recent flagship range the iPhone 12 series, recently surpassing 100 million sales, according to Counterpoint Research.
And for this quarter Apple made $39.5bn in iPhone sales, up from $26.4bn last year.
Sales of Macs, iPads, wearables/homes/accessories and services also grew YoY for Apple.
Commenting on the results, Apple CEO Tim Cook said: “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.”
Apple also revealed quarterly earnings per diluted share of $1.30, while its board of directors declared a cash dividend of $0.22 per share. The dividend is payable on August 12.