[Earnings Season] Apple's revenue pops 11%

Despite the pandemic and supply challenges, $Apple(AAPL)$reported the largest single quarter reveneue. Here are some key statistics:

Revenue: $123.95 billion/$119.05 billion expected

Earnings per Share: $2.10/$1.90 expected

iPhone: $71.6 billion/$67.7 billion expected

Mac: $10.8 billion/$9.5 billion expected

Wearables: $14.7 billion/$14.1 billion expected

Services: $19.5 billion/$18.6 billion expected

iPad: $7.2 billion/$8.1 billion expected

Gross Margin: 43.8%/41.7% estimated

With that, Apple beats analysts estimates for sales in every product category other than iPads. Apple's share price has a high chance of rising over the next few weeks, despite the pandemic, inflation or supply issues.

A historic first time quarter could mean that Apple's share price may increase to over $200. Big technological caps like Apple and Microsoft have responded to challenges and delivered. It would be insane to not buy a slice of this company, one of the greatest company in American history. Hence, a good time to buy would be now. Load up, lads.