Absolute record: Apple has never made so much money in its first fiscal quarter

On January 28, 2022By Garmin Philip

Apple once again breaks its own profit record in a quarter, growing no less than 11% in just one year.

Apple has presented its results of the fiscal first quarter of 2022, which coincides with the months of October, November and December. This is the most important quarter for the company as it brings together the launch of the new iPhone with the Christmas period. And the results could not be better for Apple: I have never made so much money before.

The Apple’s revenue in Q1 2022 was 123.9 billion dollars, which represents a growth of 11% compared to the same results obtained in 2021. The net profit this quarter reaches 34,630 million dollars, the previous year the benefit was 28,800 million dollars.

This quarter’s record results were made possible by our most innovative line of products and services in history. Tim Cook, CEO of Apple

All categories in absolute records, except the iPad

Apple has detailed revenue by each product category and all of them have achieved absolute records, despite the situation we are experiencing with limitations in the manufacture of certain components. The The only device that hasn’t grown is the iPad., which is also the one that has been most affected by this global problem.

These are the results of each category, compared with those obtained just a year ago:

iPhone: $71.6 billion, a growth of 9% (65.5 billion in Q1 2021)
Mac: $10.8 billion, a growth of (8.6 billion in Q1 2021)
iPad: $7.25 billion, a drop of 14% (8.4 billion in Q1 2021)
Wearables, home and accessories: 14,700 million dollars, a growth of 13% (12.9 billion in Q1 2021)
Services: $19.5 billion, a growth of 24% (15.7 billion in Q1 2021)

Strong customer response to our recent launch of new products and services drove double-digit growth in revenue and earnings, and helped set an all-time high for our installed base of active devices,” said Luca Maestri, Apple’s chief financial officer.

Apple becomes the first company to be worth three trillion dollars

Never before has Apple made so much money, so it is clear that his strategy is working. These are incredible results that have only been marked in the iPad section, but that is probably due to the microchip crisis. We know that Apple has devoted efforts to the iPhone at the expense of the production of the iPad.

Related topics: Apple

Reference-ipadizate.com