Mac sales "supercharged" as Apple smashes revenue targets

CFO warns Apple could take a $4 billion hit due to ongoing chip shortage

Apple has posted record revenues for its fiscal 2021 second quarter, with sales of its Mac desktop computers hitting an all-time high of $9.1 billion.

Overall revenues hit $89.6 billion for the quarter ending in March 2021, a rise of 54% year-on-year, the majority of which came from sales of the iPhone, at $47 billion.

International sales accounted for 67% of the quarter’s revenue, with fiscal second-quarter sales to China nearly doubling.

Demand for Macs has surged during the past year of mass remote work, although Apple CEO Tim Cook has also suggested that consumers have responded strongly to the new M1 chip, its in-house processor for Mac computers.

"Both of those things happening at once really supercharged the Mac sales. The last three quarters on Mac have been the strongest three quarters ever in the history of the Mac," Cook said, speaking to Reuters.

Despite this, the company warned that the ongoing global chip shortage could affect the supply of iPads and Macs, with CFO Luca Maestri estimating revenues could fall as much as $4 billion as a result.

Cook also suggested it would be difficult to source semiconductors made with older chip technology.

Related Resource

IT Pro 20/20: Meet the companies leaving the office for good

The 15th issue of IT Pro 20/20 looks at the nature of operating a business in 2021

IT Pro 20/20: Leaving the office for goodDOWNLOAD NOW

It emerged earlier this month that Apple was facing significant delays to its iPad and MacBook shipments. Apple had reportedly postponed part of its component orders for its iPad and MacBook devices from the first half of 2021 to the second half.

Cisco’s CEO Chuck Robbins predicted this week that the global semiconductor shortage will last for at least another six months and that supply was unlikely to be fully resolved until 2022. He added the shortage had been caused by unprecedented demand for semiconductors which “go in virtually everything”.

Apple isn’t the only company to have started equipping its devices with its own custom processors in order to rely less on other companies. Amazon is reportedly getting ready to make its own networking chips for its internal IT infrastructure and AWS, it was reported last month.

Featured Resources

BCDR buyer's guide for MSPs

How to choose a business continuity and disaster recovery solution

Download now

The definitive guide to IT security

Protecting your MSP and your customers

Download now

Cost of a data breach report 2020

Find out what factors help mitigate breach costs

Download now

The complete guide to changing your phone system provider

Optimise your phone system for better business results

Download now

Recommended

Apple doubles down in the US with $430 billion investment
business intelligence (BI)

Apple doubles down in the US with $430 billion investment

27 Apr 2021
Apple patches exploited iOS and macOS WebKit flaws
zero-day exploit

Apple patches exploited iOS and macOS WebKit flaws

4 May 2021
Component shortage bites Apple, but M2 chip could still arrive soon
Hardware

Component shortage bites Apple, but M2 chip could still arrive soon

30 Apr 2021
Apple charged over breach of EU anti-competition rules
Policy & legislation

Apple charged over breach of EU anti-competition rules

30 Apr 2021

Most Popular

KPMG offers staff 'four-day fortnight' in hybrid work plans
flexible working

KPMG offers staff 'four-day fortnight' in hybrid work plans

6 May 2021
16 ways to speed up your laptop
Laptops

16 ways to speed up your laptop

29 Apr 2021
How to move Windows 10 from your old hard drive to SSD
operating systems

How to move Windows 10 from your old hard drive to SSD

30 Apr 2021