Apple chip sales soars 54% to $2 billion in San Francisco

Apple's revenue from A-series and M-series application processors jumped 54 per cent to $2 billion in Q1 2021, according to a new report.

Apple's in-house A-series and M-series chip shipments and revenue saw solid double-digit unit and revenue growth in the first quarter.

According to market research firm Strategy Analytics, Apple cumulatively shipped $51 billion worth of A-series and M-series ships through the end of Q1 2021.

iPhones continued to represent the majority of Apple's processor revenue and accounted for 64 per cent of total Apple's total processor revenue in Q1.

"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," said Sravan Kundojjala, Associate Director of Handset Component Technologies service at Strategy Analytics.

Apple is likely to integrate 5G modem technology into its A-series processors in the future. Since first introducing the A-series processor in 2010, Apple has shipped over 2.8 billion A-series APs cumulatively by the end of Q1 2021.