Apple today announced financial results for the third quarter of its fiscal year 2020, which ended June 27, 2020. The company has recorded quarterly sales of $ 59,7 billion, in growth of 11% compared to the same period of the previous year; it's a quarterly net profit of $ 2,58 per share, which represents a growth of 18%. Sixty percent of quarterly sales were made by Apple outside the United States.
“The record set in the June quarter was driven by double-digit growth in both products and services and growth in each of our geographic segments,” said Tim Cook, Apple's CEO. “In times of uncertainty, this performance is a testament to the important role our products play in the lives of our customers and to Apple's relentless innovation. This is a difficult time for our communities, and from Apple's new $ 100 million Justice and Racial Equity Initiative to a new commitment to be carbon neutral by 2030, we are manifesting the principle that what we produce and do must create. opportunities and leave the world better than we found it ".
“Our performance in the June quarter is strong evidence of Apple's ability to innovate and perform in difficult times,” said Luca Maestri, Apple's chief financial officer. " Record business results have brought our active base of installed devices to all-time highs across all our geographic segments and across all major product categories. Earnings per share grew 18% and we generated operating cash flow of $ 16,3 billion during the quarter, a June quarter record for both figures.
Apple's board of directors declared a cash dividend of $ 0,82 per share on the company's common stock. The dividend will be paid on 13 August 2020 to shareholders registered as of the close of business on 10 August 2020.
Download Apple's quarterly results PDF
