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Apple continues to grow financially and breaks records again with fiscal second quarter 2022 results.
When, quarter after quarter, you break revenue records, what you do can lose value, and that’s what happens to Apple. The company announced the financial results from its second fiscal quarter of 2022 and again, they are the best than the company has ever had in a second quarter, beating its own and analysts’ estimates.
This second fiscal quarter of 2022 corresponds to the months of January, February and March, the company’s next largest quarter. Apple reported some revenue of $97.3 billion
This quarter’s record results are a testament to Apple’s relentless focus on innovation and our ability to create the best products and services in the world. Tim Cook
Apple is still making money despite everything
We are going through a difficult period, with supply crisis of many materials that can affect technology companies during. However, it seems that Apple was able to “weather the storm” and was hardly affected. Only the iPad saw sales drop, and Apple said it was precisely because of this lack of components, which meant they couldn’t make as many as they wanted.
For some time now, Apple has not been reporting unit sales for any of its products, but rather Reveals a revenue breakdown for each category. Here is the revenue data for the second fiscal quarter of 2022 for each product category:
- iPhone: 50,570 million dollars (growth of 5.5% against 47,900 million in the previous quarter)
- mac: $10.43 billion (14.3% growth from $7.8 billion in the prior year quarter)
- iPad: $7.65 billion (down 2.2% from $9.1 billion in the prior year quarter)
- Wearables: $8.82 billion (12.2% growth from $7.8 billion in the prior year quarter)
- Services: $19.82 billion (17.2% growth from $16.9 billion in the prior year quarter)
Continued strong customer demand for our products has helped us reach an all-time high for our installed base of active devices. Master Luke
Apple continues to show how a solid business with continued quarter-over-quarter growth. The iPhone 13 has been the best-selling model for years and there is every indication that the changes to the iPhone 14 will improve those numbers. And that’s not to mention the new Macs that Apple is preparing, the company seems stronger than ever.
Related Topics: Apple
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