Friday, October 28th 2022
Apple Reports Record Fourth Quarter Results
Apple today announced financial results for its fiscal 2022 fourth quarter ended September 24, 2022. The Company posted a September quarter record revenue of $90.1 billion, up 8 percent year over year, and quarterly earnings per diluted share of $1.29, up 4 percent year over year. Annual revenue was $394.3 billion, up 8 percent year over year, and annual earnings per diluted share were $6.11, up 9 percent year over year.
"This quarter's results reflect Apple's commitment to our customers, to the pursuit of innovation, and to leaving the world better than we found it," said Tim Cook, Apple's CEO. "As we head into the holiday season with our most powerful lineup ever, we are leading with our values in every action we take and every decision we make. We are deeply committed to protecting the environment, to securing user privacy, to strengthening accessibility, and to creating products and services that can unlock humanity's full creative potential."
"Our record September quarter results continue to demonstrate our ability to execute effectively in spite of a challenging and volatile macroeconomic backdrop," said Luca Maestri, Apple's CFO. "We continued to invest in our long-term growth plans, generated over $24 billion in operating cash flow, and returned over $29 billion to our shareholders during the quarter. The strength of our ecosystem, unmatched customer loyalty, and record sales spurred our active installed base of devices to a new all-time high. This quarter capped another record-breaking year for Apple, with revenue growing over $28 billion and operating cash flow up $18 billion versus last year."
Apple's board of directors has declared a cash dividend of $0.23 per share of the Company's common stock. The dividend is payable on November 10, 2022 to shareholders of record as of the close of business on November 7, 2022.
Apple will provide live streaming of its Q4 2022 financial results conference call beginning at 2:00 p.m. PT on October 27, 2022 at apple.com/investor/earnings-call. This webcast will be available for replay for approximately two weeks thereafter.
Apple periodically provides information for investors on its corporate website, apple.com, and its investor relations website, investor.apple.com. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance, and details related to its annual meeting of shareholders.
"This quarter's results reflect Apple's commitment to our customers, to the pursuit of innovation, and to leaving the world better than we found it," said Tim Cook, Apple's CEO. "As we head into the holiday season with our most powerful lineup ever, we are leading with our values in every action we take and every decision we make. We are deeply committed to protecting the environment, to securing user privacy, to strengthening accessibility, and to creating products and services that can unlock humanity's full creative potential."
Apple's board of directors has declared a cash dividend of $0.23 per share of the Company's common stock. The dividend is payable on November 10, 2022 to shareholders of record as of the close of business on November 7, 2022.
Apple will provide live streaming of its Q4 2022 financial results conference call beginning at 2:00 p.m. PT on October 27, 2022 at apple.com/investor/earnings-call. This webcast will be available for replay for approximately two weeks thereafter.
Apple periodically provides information for investors on its corporate website, apple.com, and its investor relations website, investor.apple.com. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance, and details related to its annual meeting of shareholders.
18 Comments on Apple Reports Record Fourth Quarter Results
All this talk about leaving the world a better place when they use borderline slave labour and put highly recyclable materials like Aluminium into a shell that cannot be recycled and manufacture components that can't be economically serviced?
sorry for the off topic.
Yea I know they suck in a lot of ways, but when those "other" peecee companies can barely manage to stay afloat, them fellas in cupertino bring home tons of cash on a regular basis... but hey, they ARE a business, and businesses exist to make moolah !
must be that "sheep" effect, hehehe....
It's interesting that I have never used, owned or touched any Apple product, and I don't plan to buy anything from them ever.
Negative Apple troupes from non-Apple user are about as bad as what Apple users say about Windows, IMO. I don’t love all things Apple, but many arguments are dated on both sides, IMO.
I know some people are like sheeps and enjoy their life being dictated by someone else, but there are some that don't. The problem is, by looking at Apple's financial results, that the former are, sadly, the majority.
Keep in mind Apple customers had been pissed at Apple for years over the state of the Mac (crap keyboards, stupidly thin laptops that had no ports and throttled, trash can pro). It wasn’t until Apple started putting out good hardware again that they saw their Mac business grow. iPad is still the best tablet experience out there, IMO, if only because developers actually make the apps for it. They do that because iPads sell in volume and Apple customers spend money on apps. Macs aren’t for gaming, but their hardware is actually really good at some other things, and their new hardware gets supported by developers quickly. It’s the pro and con of the Apple system.