Apple posts Q2 earnings and delivers a blowout quarter with $89.6 billion in revenue

Apple this afternoon posted its Q2 earnings report and posted revenue of $89.6 billion and EPS of $1.40. Analysts on Wall Street, meanwhile, were anticipating Apple to deliver revenue of $76.9 billion and EPS of $0.98 per share for the March quarter.

As a point of contrast, Apple during the same quarter a year-ago posted $58.3 billion in revenue and EPS of $2.55, or $0.63 when you take into account the company’s stock split late last year.

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All in all, it was a solid quarter for Apple which saw the company open all of its retail stores back up in early March once the number of COVID cases started to go down. And looking back at the last 12 months as a whole, Apple performed rather impressively all things considered. While some experts anticipated Apple would see a decline in sales and revenue due to COVID, Apple managed to set a number of financial records over the last year. During the most recent holiday quarter, for example, Apple posted a record-breaking $111 billion in revenue.

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A life long Mac user and Apple enthusiast, Yoni Heisler has been writing about Apple and the tech industry at large for over 6 years. His writing has appeared in Edible Apple, Network World, MacLife, Macworld UK, and most recently, TUAW. When not writing about and analyzing the latest happenings with Apple, Yoni enjoys catching Improv shows in Chicago, playing soccer, and cultivating new TV show addictions, the most recent examples being The Walking Dead and Broad City.