NEWS

Apple Earned $90.15B In Fourth Quarter Of 2022

10/28/2022

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Apple Earned $90.15B In Fourth Quarter Of 2022

 

Apple earned $90.15 billion in revenue for the fourth fiscal quarter of 2022, according to results released on Thursday.


Published on Thursday ahead of its quarterly conference call with investors and analysts, Apple's achieved $90.15B in revenue. The quarter for the three-month period ending in September also reported earnings per share of $1.29.


Revenue derived from the iPhone hit $42.6 billion for the quarter. The iPad revenue reached $7.17 billion. Mac revenue is $11.5B.


The ever-dependable Services saw continued growth to $19.18 billion in revenue. Wearables, Home, and Accessories was reported at $9.65 billion.


Launches that would've had an effect on the quarter include the M2 MacBook Pro and M2 MacBook Air from June and July respectively.


While Apple did launch a number of popular models, including the iPhone 14 range, the Apple Watch Series 8, the second-generation Apple Watch SE, and Apple Watch Ultra, they all appeared in late September, too late to make a massive impact on the quarter's results. They will, however, heavily dictate the fortunes of Apple in the Q1 2023 results, which typically benefits from seasonal holiday sales.


Source: Appleinsider

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