Apple announces second-quarter 2022 results, record high sales for January-March & record sales growth for almost all iPhones, Macs and services
On April 28, 2022, Apple announced its financial results for the second quarter (January-March) of the 2022 fiscal year. Apple's sales for the same period increased 9% year-on-year to $ 97.3 billion, a record high for Q2 sales.
Apple Reports Second Quarter Results-Apple
Apple Announces Second Quarter Results-Apple (Japan)
https://www.apple.com/jp/newsroom/2022/04/apple-reports-second-quarter-results/
Apple has made nearly $ 100 billion so far this year | Ars Technica
https://arstechnica.com/gadgets/2022/04/apple-has-made-nearly-100-billion-so-far-this-year/
Apple has another record-breaking quarter, reporting $ 97.28B in revenue for Q2 2022 | AppleInsider
https://appleinsider.com/articles/22/04/28/apple-has-another-record-breaking-quarter-reporting-9728-in-revenue-for-q2-2022
Apple's total revenue for the second quarter of fiscal year 2022 increased 9% year-on-year to $ 97.3 billion, net income was $ 25 billion, and diluted earnings per share. Will be $ 1.52 (about 200 yen). Apple has seen significant sales growth across almost every product line, but only iPad sales have declined year-over-year.
Apple's sales are divided into five categories, each of which is as follows.
iPhone: $ 50,570 million (about 6.59 trillion yen), up 5.5% year-on-year
Service: $ 19,820 million (about 2.58 trillion yen), up 17.28% year-on-year
Mac: $ 10.43 billion (about 1.36 trillion yen), up 14.73% year-on-year
Other products: $ 8.82 billion (approx. ¥ 1.15 trillion), up 12.37% year-on-year
iPad: $ 7.65 billion (about 996 billion yen), down 1.92% year-on-year
Please note that the service includes sales of iCloud, App Store, Apple Card, Apple Music, etc., and other products include sales of Apple Warch, AirPods, and other products not included in other categories.
Apple CEO Tim Cook said of the second quarter of 2022, 'The record performance of the quarter is a testament to Apple's ability to constantly focus on innovation and create the best products and services in the world. We are delighted to hear from our customers about our new products and to continue to approach our goal of achieving carbon neutrality across our supply chain and products by 2030. We will work to be a force that has a positive impact on the world in both the products we produce and the ones we will leave behind. '
Cook CEO also cited 'users switching from Android to iPhone' on the iPhone and 'M1 chip family' on the Mac as strong drivers for this quarter's sales growth. CEO Cook said he was 'faced with production line restrictions' as to why iPad sales declined year-over-year.
In addition, Apple's board of directors has announced a $ 90 billion share buyback. According to CNBC's report , Apple was spending $ 88.3 billion when it bought back its shares in 2021, so it will spend more than that.
Apple has not issued a forecast for the next quarter since the start of the pandemic of the new coronavirus.
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