Apple Posts $64.7 Billion in Revenues in Q4 2020 Earning; Sets New Record in India

Apple announced its quarterly results in an earnings call on Thursday, October 29. The Cupertino-based giant said that the July-September quarter saw record revenues at $64.7 billion (roughly Rs. 4.82 lakh crores) despite the coronavirus pandemic, with strong performance in international markets in India. Apple CEO Tim Cook, during the earnings call with investors said that the company set September quarter records in India, thanks in part to a very strong reception of the company’s recently launched official online store.

“Geographically, we set September quarter records in the Americas, Europe and rest of Asia Pacific,” Cook said. Cook said that despite the COVID-19 pandemic, Apple is in the midst of its most prolific product introduction ever, since the early response to all of the company’s new products has been ‘tremendously positive.’ “From remote learning to the home office, Apple products have been a window to the world for users as the pandemic continues, and our teams have met the needs of this moment with creativity, passion, and the kinds of big ideas that only Apple can deliver,” Cook was quoted as saying.