Tech

Apple Products Thrive Amid the Global Pandemic

Apple Products : 

Almost every business sector in the world is hammered by the Covid-19 Pandemic. The impact was so hard that some had to shut down for permanent, while others are still struggling to stand back up.

But amid this worst-crisis, few companies like Apple did manage to grab the opportunity and climb up the ladder. In fact, Apple Inc. has reached its all-time sales records in some of the Apple products reaching quarterly revenue of $59.7 billion.


Apple products that are hot on sales…

iPhones: These smartphones saw a decrease in sales in the first quarter of 2020. But by May and June, gained back its track as the company revealed the revenue from the iPhone category was increased by two percent.

CEO Tim Cook said that the company witnessed a big surge in migration from Android to iPhone compared to its previous year, particularly for the new iPhone SE.

Image credit: Chris Velazco/Engadget


He also stated that the Apple product – iPhone 11 still stands as the company’s most welcomed phone while iPhone SE’s “smaller form factor and an incredibly affordable price” played a major role to boost the company’s revenue.

“We attribute this increase in demand to several interactive causes, including a strong iPhone SE launch, continued economic stimulus and potentially some benefit from shelter-in-place restrictions lifting around the world,” Apple CEO Tim Cook said in Apple’s report.

Well, now it’s no big secret that the stimulus package declared by the US government helped Apple products to add up in revenue when most people used it on food and paying bills, some used it to buy Apple products on the Apple store online.

Apple’s service category has also seen a 15 percent growth, creating another record as iMessage, Face Time, and Siri was most used by the people during the lockdown to stay connected with others.


Also read: Cool Games You Should Watch Out For


Apple product – Apple Mac witnessed an increase of 22 percent in revenue growth. iPad sales surged with 31 percent, making it the top quarter revenue for iPad in over eight years.


Also read: Apple iPad 7th Gen, Apple’s Best All-Purpose Gadget


But not all Apple products saw the same growth as Apple wearables stayed below the expected line but had a 17% growth in year over year portfolio.

The company is aiming to create a new record in its annual revenue with the Apple products this year. However, the world of growing-business will have a whole new theme post-pandemic.

Share
Published by

Recent Posts

India’s Gaganyaan Mission Delayed to 2026 as ISRO Focuses on Safety, Testing, and Rigorous Astronaut Training

In a cautious move to prioritize "safety and thorough testing", the Indian Space Research Organisation… Read More

7 days ago

Male Mosquitoes Are Bloodthirsty Too, Under the Right Conditions

It’s long been believed that only "female mosquitoes" bite and drink blood, while "male mosquitoes"… Read More

2 weeks ago

New Harry Potter Series Promises Deeper Exploration of the Wizarding World

Warner Bros. has provided fresh updates about its much-anticipated 'Harry Potter' TV series, offering fans… Read More

3 weeks ago

China’s Lunar Space Station Plans and the Quest for Habitable Planets

China's ambitious space program for Lunar Space Station is set to revolutionize humanity's presence in… Read More

4 weeks ago

Red Dead Redemption is Coming to PC This Month with Undead Nightmare and 4K Support: System Requirements Revealed

After years of speculation and fan anticipation, Rockstar Games has officially announced that the acclaimed… Read More

1 month ago

OpenAI Predicts Revenue Surge to $11.6 Billion in 2025, Offers Unique Investment Opportunity to Thrive Capital

OpenAI, the artificial intelligence powerhouse behind ChatGPT, is predicting a massive jump in its revenue,… Read More

1 month ago