Apple earnings day is upon us, and with it, we learn how the company performed during the third fiscal quarter of 2020, despite the ongoing COVID-19 pandemic. Of note, Apple did not provide any official guidance for Q3 2020 due to the economic uncertainty caused by the pandemic.
How did the COVID-19 outbreak affect Apple’s business during the third quarter? The company has announced revenue of $59.7 billion and profit of $11.25 billion. This compares to $53.8 billion in revenue and $10.04 billion profit reported in the same quarter last year.
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