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Apple once again made record profits

  • October 28, 2022
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Apple has released a report on the results for the fourth quarter of fiscal year 2022, which ends September 24 for itself. Accordingly, the results of the entire

Apple once again made record profits

Apple has released a report on the results for the fourth quarter of fiscal year 2022, which ends September 24 for itself. Accordingly, the results of the entire financial year are summarized. The company’s quarterly profit rose 8% to $90.1 billion, a record quarter for September. Operating profit rose from $23.79 billion to $24.89 billion, and net income increased slightly: from $20.55 billion to $20.72 billion.

According to the results for the full fiscal year, Apple earned $394.3 billion compared to $365.8 billion the previous year. Operating profit rose from $108.9 to $119.4 billion, and net income rose from $94.68 to $99.8 billion.

iPhone sales for the quarter totaled $42.6 billion, compared to $38.9 billion a year earlier. Mac sales rose from $9.2 billion to $11.5 billion, headphones, watches and other wearable electronics rose from $8.79 to $9.65 billion, services rose from $18.28 to $19.19 billion, iPad sales were likely low in the middle of the downturn fell from $8.25 billion to $7.17 billion due to the demand for COVID-19.

According to the results for the full year, Apple sold smartphones for $205 billion versus $191.97 billion a year ago, meaning sales were up 7%. Mac PC sales fell 14%, home wearables 7.5%, services 14% and iPad sales 8%.

Source: Port Altele

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