Apple reports fourth quarter results
Cupertino, California October 27, 2022 Apple today announced financial results for its fourth quarter of fiscal 2022 ended September 24, 2022. The company reported record revenue of $90.1 billion for the September quarter, up from 8% year-on-year, and quarterly earnings per diluted share of $1.29, up 4% year-on-year. year. Annual revenue was $394.3 billion, up 8% year-over-year, and annual earnings per diluted share were $6.11, up 9% from one year to the next.
“The results for this quarter reflect Apple’s commitment to our customers, pursuit of innovation, and dedication to making the world a better place than we found it,” said Tim Cook, Apple’s CEO. “As we head into the holiday season with our most powerful lineup ever, we lead with our values in every action we take and every decision we make. We are deeply committed to protecting the environment, protecting users’ privacy, enhancing accessibility and creating products and services that can unleash the full creative potential of humanity.
“Our record September quarter results continue to demonstrate our ability to execute effectively despite a challenging and volatile macroeconomic environment,” said Luca Maestri, Apple’s chief financial officer. “We continued to invest in our long-term growth plans, generated more than $24 billion in operating cash flow and returned more than $29 billion to our shareholders during the quarter. The strength of our ecosystem, unparalleled customer loyalty and record sales have propelled our active base of installed devices to a new all-time high. This quarter capped another record year for Apple, with revenue growing by more than $28 billion and operating cash flow up $18 billion from a year ago.
Apple’s board of directors declared a cash dividend of $0.23 per share of common stock in the company. The dividend is payable on November 10, 2022 to shareholders of record at the close of business on November 7, 2022.