According to foreign media reports, Apple announced its 2021 fiscal second quarter performance report, ushering in its best performance since 2012. In view of this, Apple authorized a US$90 billion (approximately RMB 582.2 billion) share repurchase program.
The report pointed out that the sales of this fiscal quarter’s performance increased by 54% compared with last year, and the profit greatly exceeded Wall Street’s expectations. The company’s gross profit was 42.5%, while the usual figure was between 38% and 39%. The best gross profit since 2012.
It is worth mentioning that the report shows that every product line of Apple has achieved double-digit growth. As the most important iPhone, it has grown by 65.5% compared to last year. In addition, Mac and iPad sales also increased by 70.1% and 79% from the previous month.
In response, Apple said that it will increase its dividend by 7% to $0.22 per share, and authorize a $90 billion stock repurchase program , which is also significantly higher than last year’s $50 billion and 2019’s $75 billion.
Apple pointed out that due to the epidemic,
consumer and business demand for electronic products has soared. Of course, it can be seen from the performance of this quarter that this trend will continue as the economy gradually opens up.
However, Apple did not release relevant information regarding its expectations for the second quarter ending in June. Since the beginning of the new crown epidemic, Apple has not issued relevant guidance due to many instabilities.
However, Apple’s chief financial officer Luca Maestri said that the company expects revenue in the June quarter to continue to grow by double digits year-on-year, but due to global chip shortages, some products may face some supply shortages.