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Apple announces record revenue earned in the fourth quarter of this year: It’s printing money

Tim COOK describes his current colleagues as the most successful employees in Apple's history. According to him, this staff produced the best devices in the company's history. Also, how about Apple's iPhone, Mac and iPad sales? Apple is 2022...
 Apple announces record revenue earned in the fourth quarter of this year: It’s printing money
READING NOW Apple announces record revenue earned in the fourth quarter of this year: It’s printing money
Tim COOK describes his current colleagues as the most successful employees in Apple’s history. According to him, this staff produced the best devices in the company’s history. Also, how about Apple’s iPhone, Mac and iPad sales?

How much did Apple earn in Q4 of 2022?

The fourth quarter covers the period from July 2022 to September 2022. In the related statement made by the American technology company, it was stated that the income statistics kept in July of this year did not cover after September 24, 2022.

Apple announced that it put a record $ 90.1 billion in revenue in this 3-month period. This amount was 83.4 billion dollars in the same period of last year. Thanks to this acquisition, Apple increased its net profit to 20.7 billion dollars, and its net profit in the same period of last year was 20.6 billion dollars.

Looking at the earnings per share table, the earnings per share of this company increased from $1.24 to $1.29. Tim COOK had these words on the subject:

“This quarter’s results represent our company’s commitment to its customers, its pursuit of innovation, and the idea of ​​making the world a better place than it is.”

“Apple’s current lineup is the strongest in the company’s history, and with it, we demonstrate our leadership in every action we take and every decision we make as we head into the holiday season.”

“We are passionate about protecting the environment, hiding users’ information, enhancing accessibility, and creating products and services that can unlock humanity’s full creative potential.”

Luca Maestri, who works as the chief financial officer and chief financial officer at Apple, said cash flow from operating activities exceeded $24 billion. Apple delivered more than $29 billion in returns to its shareholders this quarter.

iPhone and Mac sales up, iPad sales down

According to the related news of Sputnik, the amount of iPhone sales increased by 10 percent in this quarter compared to the same period last year and reached a total of 42.6 billion dollars. The amount of Mac sales increased 25 percent to reach 11.5 billion. iPad sales, on the other hand, saw a 13 percent decline, dropping to $7.2 billion.

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