Apple’s January sales reach $120 billion despite the COVID-19 pandemic

Apple’s January sales reach $120 billion despite the COVID-19 pandemic

Big tech has been having it good despite the coronavirus pandemic. Apple and Facebook have witnessed a surge in profits in recent times. 

Apple sales pass $100 billion landmark 

Apple has reached another milestone as individuals seem to be in love with these big tech products at the beginning of the year. Sales recorded from November 2020 through January 2021 have increased to about 22% as against 2019 prices. 

These rewards are expected as different lockdown protocols have pushed most people online and buying more gadgets. Apple now accounts for more than 1.7 billion active gadgets worldwide with over a billion iPhone devices.

Apple’s new iPhone 12 model has enjoyed huge patronage which tech experts say many apple enthusiasts who could afford it switched to. Apple responded that sales growth in the Chinese market was immense as the COVID-19 pandemic loses its hold. 

5G capability helping to boost Apple’s sale

The sales in Asia and particularly China are because of the demand for devices with 5G compatibility. Sales in Taiwan and Malaysia surge to 58%, Europe is 18% while 11% rise in Americas.

“ The apple products seem to be doing well on a global scale” Luca maestri, a financial expert with Apple opines.

Tech analyst Dan Ives says there are reports that Apple users are trading their old models for new ones with 4G and 5G capabilities. According to Apple’s chief, Apple’s record of more than a hundred billion dollars in sales in three months is impressive. 

Aside from Apple, Facebook has also seen improvements in its revenues. While other sectors like hospitality and manufacturing have struggled to stay afloat, big-tech firms are making huge profits. The major reason why these big firms are making it big during this COVID-19 era is that more people spend time indoors as restrictions kick in several countries. 

As these tech firms keep taking profits, politicians are asking for fairness in the manner they deal with rivals.

Similar articles

How does BOTNATION AI make it easy to customize chatbots to meet specific business needs ?

How does BOTNATION AI make it easy to customize chatbots to meet specific business needs ?

Personalization of chatbots is essential to create unique customer experiences adapted to the specific needs of each company. BOTNATION AI offers a powerful solution to facilitate chatbot customization, allowing businesses to easily configure and tune their chatbots according to their goals and preferences. This article explores in detail how BOTNATION AI facilitates the customization of chatbots, ensuring that they respond precisely and efficiently to the specific needs of each company. Intuitive creation and configuration interface The intuitive interface for creating and configuring BOTNATION AI is a major asset in facilitating the customization of chatbots. The platform offers a user-friendly and easy-to-use interface, allowing users to create and configure their chatbots without...
How To Provide Standard Services

How To Provide Standard Services

Setting service standards is an approach commonly used to create consistent levels of service performance and enhance customer experience. Yet this practice is often disappointing, and at times even counter-productive. Why? Performance and process standards can be useful for compliance and short-term training, but they do not generate the understanding or appetite for long-term improvements in customer experience. Facts About Standard Service Rigorous use of standards may ensure adherence to precise processes, but will ignore what customers really value. Process standards can also quickly become outdated as systems and technology evolve, and are thus often merely tolerated, or ignored. In some cases, process standards can make the customer experience worse, by driving staff to...