Yesterday, Apple published its financial results for the last quarter, i.e. the months of January, February and March 2022. This is the second quarter of the financial year 2021-2022 corresponding to the first quarter of the calendar year 2022.
As if it were a habit for the Californian firm for each announcement of its financial results,new records were set. Let's see the detail.
Profits and revenues across all categories
Over the period of interest, Apple earned revenues amounting to$97.3 billion. This is not the highest quarter in its history. But the year being cyclical in this matter, this is thebest result for a second quarter. The first quarter of the fiscal year is generally the most lucrative (October, November, December). From one year to the next, we note a9% increase.
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As for profits, it's the same observation: the company led by Tim Cook sets a record, for a second quarter, to the tune of 25 billion dollars in profits earned.
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The iPhone, still just as lucrative
iPhone sales generate 52% of these 97.3 billion revenues, or precisely$50.6 billion. This is also a new record for the Californian firm, in a second quarter. Last year, the iPhone generated $47.9 billion at the same time. The increase from year to year is therefore around 5%.
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The services are increased to20% of total revenue. They allowed Apple to recover no less than $19.8 billion in revenue over the period. This is the best score ever recorded by Apple for this product category. This is also 17% more than what the 2021 quarter had generated.
Services and iPad: stability
For the accessories, home and other category (including Apple Watch, HomePod and AirPods), revenues are stable at $8.8 billion.
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For the second quarter of 2022, it is necessary to count 7.6 billion dollars in revenue recorded by Apple with its iPads, a little less than the 7.8 billion for the same quarter of 2021. The evolution seems there too stabilized since last year, after a very (too?) good year 2021.
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Macs are on the rise
For Macs, since the arrival of Apple silicon processors at the end of 2020, the progression in terms of revenue has been excellent. Over the quarter of interest, the Californian firm garnered$10.4 billionrevenue with its computers, not far from the firm's historic record reached the previous quarter ($10.9 billion.
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Interview de Tim Cook
Apple CEO and CFO Luca Maestri were interviewed following the publication of the financial results. They were then able to provide additional information.
The exchange taught us the following points in particular:
- Quarterly results are higher than the firm's initial forecasts
- Apple is not seeking to acquire large companies, particularly in health and sports (reference to Peloton), but rather aims to integrate smaller firms and talents with great potential.
- The company has insisted on its desire to make 100% of its operations as well as those of its subcontractors completely neutral in greenhouse gas emissions by 2030
There have been no discussions regarding what is currently happening in the United States, with a desire to createunions in Apple Storesand establishing a new minimum wage for employees. As is often the case with these large firms, and Apple clearly does not seem to be an exception, while financial income continues to increase, nothing changes for workers on the lowest salaries...
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Editor-in-chief for iPhon.fr. Pierre is like Indiana Jones, looking for the lost iOS trick. Also a long-time Mac user, Apple devices hold no secrets for him. Contact: pierre[a]iphon.fr.