CHATTER AWAY: Overnight Open Thread

Variety reports:

Apple smashed Wall Street expectations for the first three months of 2021, reporting its highest-ever revenue for a March quarter and biggest-ever quarterly haul for the Services business.

The company posted revenue of $89.6 billion, up 54% on a surge of iPhone sales, for the quarter ended March 27. Net income more than doubled (up 110%) to $23.6 billion, translating into earnings per diluted share of $1.40.

Apple boasted revenue records in each of its geographic segments and double-digit growth in each product category — with the recently launched 5G-enabled iPhone 12 driving up sales of the company’s smartphone devices nearly 66%, to $47.9 billion.

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