Apple to report Q1 2021 revenue above $100B, JP Morgan says

Apple's December 2020 quarter will be the company's first with revenues above $100 billion thanks to the iPhone 12 and remote work tailwinds, JP Morgan analysts predict.

Credit: Andrew O'Hara, AppleInsider
In a note to investors seen by AppleInsider, JP Morgan analyst Samik Chatterjee says that Q1 2021 revenue estimate is based on early adopters of the 5G-equipped iPhone 12 and iPhone 12 Pro lineup and continuing tailwinds from remote work and education trends.

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