Apple's Q3 Mac and iPad Sales Surge Despite Supply Constraints as People Work From Home
Apple today shared its earnings results for the third fiscal quarter of 2020, and iPad and Mac sales saw a surge in growth as people transitioned from working in offices to working from home.
Both iPad and Mac saw double digit growth during the quarter. Mac sales brought in $7 billion, up from $5.8 billion in the year-ago quarter, while iPad sales brought in $6.5 billion, up from $5 billion in the year-ago quarter.
Apple CEO Tim Cook said that these strong sales were achieved in spite of significant supply constraints that have limited the availability of certain iPads and Macs over the course of the last couple months.
Cook also said that Apple is working hard to get more iPads and Macs into the hands of customers, so sales could see continued growth in the fourth quarter as it appears many people will continue working from home for the foreseeable future.
Apple says that many of the customers who are purchasing iPads and Macs are new to those product lines. In China, for example, three out of four new customers who bought a Mac were new to Mac, and two out of three customers buying iPads were new customers.
Popular Stories
Apple plans to announce its earnings for the fourth fiscal quarter of 2026 on Monday, November 2, according to the company's updated Investor Relations page.
The earnings report will be available at 1:30 p.m. Pacific Time on November 2, with new Apple CEO John Ternus and CFO Kevan Parekh to discuss the results during a 2:00 p.m. Pacific Time phone call. Apple will stream the call on its...
Apple today sent out invites for an experience in Los Angeles on Wednesday, October 28, and the "Pro and tell" tagline on the invitation likely means that the rumored MacBook models with touch-enabled OLED displays will stick with MacBook Pro branding instead of the once-rumored "MacBook Ultra" name.
The long-rumored "iPhone Ultra" ended up being named iPhone Duo, so speculation that Apple...
With just three days to go until the iPhone Duo is released, Apple is getting ready for the launch. Behind the scenes, the App Store now has screenshots of Apple's built-in apps running on the Duo. We've seen some apps in marketing materials, but images of the ones we haven't seen give us an idea of what it will be like using the iPhone Duo day to day.
Many apps are shown in landscape...
