Apple Experiences Fourth Quarter Outcomes

on

|

views

and

comments


Cupertino, California October 27, 2022 Apple immediately introduced monetary outcomes for its fiscal 2022 fourth quarter ended September 24, 2022. The Firm posted a September quarter report income of $90.1 billion, up 8 p.c yr over yr, and quarterly earnings per diluted share of $1.29, up 4 p.c yr over yr. Annual income was $394.3 billion, up 8 p.c yr over yr, and annual earnings per diluted share have been $6.11, up 9 p.c yr over yr.

“This quarter’s outcomes replicate Apple’s dedication to our clients, to the pursuit of innovation, and to leaving the world higher than we discovered it,” mentioned Tim Cook dinner, Apple’s CEO. “As we head into the vacation season with our strongest lineup ever, we’re main with our values in each motion we take and each resolution we make. We’re deeply dedicated to defending the atmosphere, to securing person privateness, to strengthening accessibility, and to creating services that may unlock humanity’s full inventive potential.”

“Our report September quarter outcomes proceed to reveal our capacity to execute successfully regardless of a difficult and risky macroeconomic backdrop,” mentioned Luca Maestri, Apple’s CFO. “We continued to spend money on our long-term progress plans, generated over $24 billion in working money circulate, and returned over $29 billion to our shareholders through the quarter. The power of our ecosystem, unmatched buyer loyalty, and report gross sales spurred our energetic put in base of units to a brand new all-time excessive. This quarter capped one other record-breaking yr for Apple, with income rising over $28 billion and working money circulate up $18 billion versus final yr.”

Apple’s board of administrators has declared a money dividend of $0.23 per share of the Firm’s frequent inventory. The dividend is payable on November 10, 2022 to shareholders of report as of the shut of enterprise on November 7, 2022.

Apple will present reside streaming of its This fall 2022 monetary outcomes convention name starting at 2:00 p.m. PT on October 27, 2022 at apple.com/investor/earnings-call. This webcast might be obtainable for replay for about two weeks thereafter.
Apple periodically gives data for traders on its company web site, apple.com, and its investor relations web site, investor.apple.com. This contains press releases and different details about monetary efficiency, experiences filed or furnished with the SEC, data on company governance, and particulars associated to its annual assembly of shareholders.

Share this
Tags

Must-read

‘Lidar is lame’: why Elon Musk’s imaginative and prescient for a self-driving Tesla taxi faltered | Tesla

After years of promising traders that thousands and thousands of Tesla robotaxis would quickly fill the streets, Elon Musk debuted his driverless automobile...

Common Motors names new CEO of troubled self-driving subsidiary Cruise | GM

Common Motors on Tuesday named a veteran know-how government with roots within the online game business to steer its troubled robotaxi service Cruise...

Meet Mercy and Anita – the African employees driving the AI revolution, for simply over a greenback an hour | Synthetic intelligence (AI)

Mercy craned ahead, took a deep breath and loaded one other process on her pc. One after one other, disturbing photographs and movies...

Recent articles

More like this

LEAVE A REPLY

Please enter your comment!
Please enter your name here