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PRESS RELEASE 28 January 2022

Apple Reports First-Quarter Results

Revenue up 11 per cent to new all-time record

iPhone, Mac, Wearables and Services revenue reach new all-time highs
CUPERTINO, California 28 January 2022 Apple today announced financial results for its fiscal 2022 first quarter ended 25 December 2021. The Company posted an all-time revenue record of US$123.9 billion, up 11 per cent year over year, and quarterly earnings per diluted share of US$2.10.
“This quarter’s record results were made possible by our most innovative line-up of products and services ever,” said Tim Cook, Apple’s CEO. “We are gratified to see the response from customers around the world at a time when staying connected has never been more important. We are doing all we can to help build a better world — making progress toward our goal of becoming carbon-neutral across our supply chain and products by 2030, and pushing forward with our work in education and racial equity and justice.”
“The very strong customer response to our recent launch of new products and services drove double-digit growth in revenue and earnings, and helped set an all-time high for our installed base of active devices,” said Luca Maestri, Apple’s CFO. “These record operating results allowed us to return nearly US$27 billion to our shareholders during the quarter, as we maintain our target of reaching a net cash neutral position over time.”
Apple’s board of directors has declared a cash dividend of US$0.22 per share of the Company’s common stock. The dividend is payable on 10 February 2022 to shareholders of record as of the close of business on 7 February 2022 (PST).
Apple will provide live streaming of its Q1 2022 financial results conference call beginning at 9:00 am AEDT on 28 January 2022 at apple.com/investor/earnings-call. This webcast will also be available for replay for approximately two weeks thereafter.

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  • Consolidated Financial Statements

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