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Apple reports Q2 results with record revenue

Business Materials 29 April 2022 05:28 (UTC +04:00)
Apple reports Q2 results with record revenue

Apple on Thursday announced financial results for its fiscal 2022 second quarter ending March 26, with a quarterly revenue record of 97.3 billion U.S. dollars, up 9 percent year over year, Trend reports citing Xinhua.

The company posted its quarterly earnings per diluted share of 1.52 dollars, compared to 1.40 dollars for the same period of fiscal 2021.

Its net income for the quarter increased to 25.01 billion dollars from 23.63 billion dollars a year ago.

Sales of iPhone amounted to 50.57 billion dollars, up 66 percent from 47.94 billion dollars a year ago.

Its sales of Wearables, Home and Accessories products increased to 8.81 billion dollars from 7.84 billion dollars a year ago.

Apple's net sales in the Greater China region increased to 18.34 billion dollars from 17.73 billion dollars a year ago, according to Apple's financial statement.

"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," said Tim Cook, Apple's CEO.

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