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Apple Records Revenue in Q3

Editor

Laila Afifa

29 July 2022 07:58 WIB

TEMPO.CO, San Francisco - Apple on Thursday, July 28, announced financial results for the third quarter ending June 25 of its 2022 fiscal year, with a June quarter revenue record of US$82.96 billion, up 2 percent year over year.

The company posted its quarterly earnings per diluted share at $1.20, compared to $1.30 for the same period of fiscal 2021.

Its net income for the quarter decreased to $19.44 billion from $21.74 billion a year ago, and sales of iPhones amounted to $40.67 billion, up from $39.57 billion year on year.

The company's sales of Wearables, Home and Accessories products decreased to $8.08 billion from $8.78 billion a year ago.

Its sales of Service increased to 19.60 billion dollars from $17.49 billion a year ago.

Apple's net sales in the Greater China region declined slightly to $14.60 billion from $14.76 billion a year ago, according to Apple's financial statement.

"This quarter's record results speak to Apple's constant efforts to innovate, to advance new possibilities, and to enrich the lives of our customers," said Tim Cook, Apple's CEO.

"Our June quarter results continued to demonstrate our ability to manage our business effectively despite the challenging operating environment. We set a June quarter revenue record and our installed base of active devices reached an all-time high in every geographic segment and product category," said Luca Maestri, Apple's CFO.

Apple's board of directors has declared a cash dividend of $0.23 per share of the company's common stock. 

Xinhua

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