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Apple has announced financial results for its fiscal 2022 first quarter ended December 25, 2021 (aka calendar Q4 2021). The Cupertino-based tech giants reported a revenue record of $123.9 billion and a quarterly profit of $34.6 billion, or $2.10 per diluted share.
>>> Apple leads the global smartphone shipments in Q4 2021, boosted by its iPhone 13 series
Image Source: MacRumors
“This quarter’s record results were made possible by our most innovative lineup of products and services ever,” said Tim Cook, Apple’s CEO. “We are gratified to see the response from customers around the world at a time when staying connected has never been more important. We are doing all we can to help build a better world — making progress toward our goal of becoming carbon neutral across our supply chain and products by 2030, and pushing forward with our work in education and racial equity and justice.”
>>> Lenovo was the leading PC vendor in 2021 | Global PC shipments grew 15% Year on Year
Image Source: Reuters
Apart from iPads, all the key product categories like iPhones, Macs, Wearables, and Services segments grew YoY. Despite the constraints, Apple recorded all-time highs for revenue in most of its product segments. The full breakdown of the fiscal Q1 2022 for Apple looks like this;
- iPhone: $71.63 billion (up 9% YoY)
- Mac: $10.85 billion (up 25% YoY)
- Wearables, home, and accessories: $14.70 billion (up 13% YoY)
- Services: $19.5 billion (up 24% YoY)
- iPad: $7.25 billion (down 14% YoY)
The gross margin for the quarter was 43.8%, compared to 39.8% in the same period in 2021. Apple also declared a quarterly dividend payment of $0.22 per share, payable on February 10, 2022, to shareholders of record as of the close of business on February 7, 2022.
>>> Samsung Reports $232 Billion Revenue in 2021 | Q4 Was Driven By Premium Foldable Phones
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