On July 30, 2020, Apple announced financial results for its fiscal 2020 third quarter ended June 27, 2020. The Company posted quarterly revenue of $59.7 billion, an increase of 11 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.58, up 18 percent. International sales accounted for 60 percent of the quarter’s revenue.

As has become customary, Apple does not report unit sales for any of its hardware products. Instead, it reports a breakdown of revenue by product category. Here are those numbers for fiscal Q3 2020:

1. $26.42 billion: iPhone (Up 1.66% Year Over Year)
2. $13.16 billion: Services (Up 14.85% Year Over Year)
3. $7.08 billion: Mac (Up 21.63% Year Over Year)
4. $6.58 billion: iPad (Up 31.04% Year Over Year)
5. $6.45 billion: Wearables, Home, and Accessories (Up 16.74% Year Over Year)

Apple’s Board of Directors has declared a cash dividend of $0.82 per share of the Company’s common stock. The dividend is payable on August 13, 2020 to shareholders of record as of the close of business on August 10, 2020.

The Board of Directors has also approved a four-for-one stock split to make the stock more accessible to a broader base of investors. Each Apple shareholder of record at the close of business on August 24, 2020 will receive three additional shares for every share held on the record date, and trading will begin on a split-adjusted basis on August 31, 2020.

On the heel of the strong earnings report of the 2020 third quarter, Apple’s share price crossed $400 for the first time a few hours later after the release. As of Aug 4th, 2020, Apple sported a market valuation of $1.876 trillion.