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Apple Makes $100 Billion in a Single Quarter Sales for every Apple product increased by double-digit percentage points.

By Dan Bova

SOPA Images | Getty Images

Apple reported a record-breaking $111.4 billion in revenue in its first-quarter earnings report. It's the first time Apple earned more than $100 billion mark in a single quarter, with sales up 21% year over year, according to CNBC.

Apple CEO Tim Cook said told CNBC that revenue would have been bigger had the pandemic not closed some Apple stores.

Cook cited iPhone 12 models and the need for Macs and iPads for remote work and school as major drivers of the company's historic gains.

Related: 5 Things You Don't Know About Apple CEO Tim Cook

Dan Bova

Entrepreneur Staff

VP of Special Projects

Dan Bova is the VP of Special Projects at Entrepreneur.com. He previously worked at Jimmy Kimmel Live, Maxim, and Spy magazine. His latest books for kids include This Day in History, Car and Driver's Trivia ZoneRoad & Track Crew's Big & Fast Cars, The Big Little Book of Awesome Stuff, and Wendell the Werewolf

Read his humor column This Should Be Fun if you want to feel better about yourself.

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