Apple today announced the results of the first quarter of 2021, reflecting the operating conditions of the fourth quarter of last year. Revenue for the quarter was US$111.44 billion, an increase of 21% year-on-year, and profit was US$28.76 billion, an increase of more than 29% year-on-year.
The increase was mainly due to the robust sales of the iPhone 12 series during the period, with sales increasing by 17% year-on-year to US$65.5 billion, accounting for 59% of Apple's profit. Benefitting from work and study at home, iPad sales increased 41% year-on-year to 8.435 billion US dollars. The Mac grew by 21.15% year-on-year, and sales amounted to US$8.676 billion. The revenue of accessories and wearable devices increased by 29.58%, and the service category increased by 23.95%.
And Apple's revenue in China has increased significantly. China's revenue increased by 57% to 21.31 billion US dollars, compared with 13.58 billion US dollars in the same period last year.