Apple witnesses 54% revenue growth in Q1 2021 from A, M series Chip sales

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The first quarter of 2021 has gone very well, as usual, for Apple. The company witnessed a massive 54% revenue hike from its in-house A-series and M-series application processors. The amount is around $2 billion. As per the market research firm – Strategy Analytics, the Cupertino giant shipped $51 billion worth of A and M-series chips cumulatively in Q1 2021.

Sravan Kundojjala, Associate Director of Handset Component Technologies service at Strategy Analytics said, “The company designs its semiconductor components, including apps processors, 5G basebands (Intel acquisition), GPUs, flash memory controllers, power management ICs, Bluetooth LE ICs, fingerprint sensors and depth-sensing sensors,”

He further added, “Apple beat the semiconductor industry to market with the first 64-bit Arm mobile processor and became the lead customer to TSMC in advanced semiconductor process technologies such as 7 nm and 5 nm,”

“We estimate that the Apple Silicon M1 processor accounted for over 13 percent of Apple’s total processor revenue in Q1 2021,” – Kundojjala.

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