Apple has reported strong earnings for its Q1, FY21, and revenues of $111.4 billion, up 21% Y-o-Y, and Net Income of $28.755 billion.

“Our December quarter business performance was fueled by double-digit growth in each product category, which drove all-time revenue records in each of our geographic segments and an all-time high for our installed base of active devices,” said Luca Maestri, Apple’s CFO. “These results helped us generate record operating cash flow of $38.8 billion.

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