Apple's FQ1 2022 quarterly results: $123.9 billion in revenue is a record

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It's the end of January and that traditionally means: new quarterly figures for Apple! On this page we provide an overview of all figures for iPhones, iPads, Macs and other products. No less than 123.9 billion in turnover has been achieved, making it the second time that the magical limit of 100 billion dollars has been broken in a December quarter. Apple will pay a $0.22 per share dividend on February 10, 2022. Major growth has been seen in Macs and services, both up 24% in revenue. The iPads are showing some contraction (-14%) and the iPhones and wearables are doing just fine with growth figures of 9% and 13% respectively.

These are the figures:

  • Quarterly Revenue: $123.9 Billion (was: $111.4 Billion, +8.3%)
  • iPhone revenue: $71.6 billion (was: $65.6 billion, +9.1%)
  • Mac revenue: $10.8 billion (was: $8.7 billion, +24%)
  • iPads revenue: $7.2 billion (was: $8.4 billion, -14%)
  • Wearables, home and accessories revenue: $14.7 billion (was: $13 .0 billion, +13%)
  • Services revenue: $19.5 billion (was: $15.7 billion, +24%)

In brackets are the figures from FQ1 2021, so exactly one year ago.

Quarterly figures FQ1 2022 in graphs

The graphs below show the development in recent quarters.

CEO Tim Cook:

This quarter's record results were made possible by our most innovative lineup of products and services ever. 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.

CFO Luca Maestri:

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. These record operating results allowed us to return nearly $27 billion to our shareholders during the quarter, as we maintain our target of reaching a net cash neutral position over time.”

Interesting facts from the conference call

Tonight at 11:00 PM Dutch time you can listen in to a conference call in which CEO Tim Cook and CFO Luca Maestri answer questions from analysts. While there are regular hints about new products, we don't expect any real groundbreaking announcements to be made. We will discuss larger announcements in a separate article.