Q1 2022 results: record revenue of $123.95 billion

As expected, Apple has officially released the results for the first fiscal quarter of 2022 (Q1 2022), which corresponds to the fourth calendar quarter of 2021. The company sets a new record with revenues of $123.95 billion.

Apple results, Q1 2022

The quarter is certainly one of the most important, being the one that covers the Christmas holiday period. Apple posted record revenue of $123.95 billion, up 11% from the same quarter last year. The company reported earnings of $34.6 billion and diluted earnings per share of $2.10. Despite concerns over the well-known semiconductor supply crisis, the company has managed to absorb the impact of the crisis well.

As we all know, Apple no longer reports the number of units sold by single category, instead preferring a breakdown of revenue by product category. Here is the full breakdown for the first fiscal quarter of 2022:

  • iPhone: $71.63 billion
  • Mac: $10.85 billion
  • iPad: $7.25 billion
  • Wearables, Home and Accessories: $14.70 billion
  • Services: $19.5 billion

As always, Tim Cook’s timely comment arrives:

“This quarter’s record results were made possible by our most innovative suite of products and services to date. We are thrilled to see the response from customers around the world at a time when staying in touch has never been more important. We are doing everything we can to help build a better world, making progress towards our goal of making our entire supply chain and products carbon neutral by 2030.”

Luca Maestri, CFO of Apple, also commented on this important result:

“Excellent customer response to our recent launch of new products and services drove double-digit revenue and profit growth, helping to set an all-time high in our installed base of active devices. These record operating results enabled us to return nearly $27 billion to our shareholders during the quarter. »

The official press release is as always available on the Newsroom.

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