Apple breaks revenue record again in the last quarter

0
16
Apple breaks revenue record again in the last quarter

Apple today announced financial results for its fiscal 2022 fourth quarter, ending September 24.

The company has registered in the quarter some record revenue of $90.1 billion, up 8 percent from the prior year; and quarterly earnings per diluted share of $1.29, up 4 percent from the prior year.

With these data, Apple closes the fiscal year with annual revenues of 394.3 billion dollars, 8 percent more than the previous year, and annual earnings per diluted share were 6.11 dollars, 9 percent more than the last 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, CEO of Apple.

“As we head into the holiday season with our strongest 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, securing user privacy, strengthening accessibility, and creating products and services that can unleash the full creative potential of humanity.”

“Our record September quarter results continue to demonstrate our ability to execute effectively despite a difficult and volatile macroeconomic backdrop”said Luca Maestri, Apple’s chief financial officer.

“We have continued to invest in our long-term growth plans, generating more than $24 billion in operating cash flow and returning more than $29 billion to our shareholders during the quarter. The strength of our ecosystem, unmatched customer loyalty and record sales propelled our active installed base of devices to a new all-time high. This quarter capped another record year for Apple, with revenue growth of more than $28 billion and operating cash flow up $18 billion from last year.”