Apple's FQ3 2022 quarterly results: $83 billion in revenue

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It is the end of July and that means that there are new quarterly figures from many companies, including Apple. On this page we provide an overview of the profit and sales figures for iPhones, iPads, Macs and other products. Sales in many product categories went smoothly again, but there are often also some surprises. Sales from Macs dropped considerably, which is undoubtedly due to the fact that the new MacBooks from the spring have not yet been included. Sales from iPads and wearables also declined slightly, which may have something to do with chip shortages. Meanwhile, the service sector was booming again with an increase of 12%. Check out the rest of the numbers here!

Here are the numbers:

  • Quarterly Revenue: $82.959 Billion (was: $81.4 Billion, +2.0%)
  • iPhone sales: $40.65 billion (was: $39.57 billion, +2.7%)
  • Mac sales: $7.38 billion (was: $8.24 billion, – 10%)
  • iPad revenue: $7.22 billion (was: 7.37 billion, -2%)
  • Wearables, home and accessories revenue: $8.08 billion (was: $8.78 billion, -8%)
  • Services revenue: $19.60 billion (was: $17.49 billion, +12% )

In brackets are the figures for FQ3 2021, so exactly one year ago.

Quarterly figures FQ3 2022 in graphs

The graphs below show the development in recent quarters again.

View Apple's third fiscal quarter revenue over the years since 2012

View full revenue development from 2012

CEO Tim Cook:

This quarter’s record results speak to Apple’s constant efforts to innovate, to advance new possibilities, and to enrich the lives of our customers. As always, we are leading with our values, and expressing them in everything we build, from new features that are designed to protect user privacy and security, to tools that will enhance accessibility, part of our longstanding commitment to create products for everyone.< /p>

CFO Luca Maestri:

Our June quarter results continued to demonstrate our ability to manage our business effectively despite the challenging operating environment. We set a June quarter revenue record and our installed base of active devices reached an all-time high in every geographic segment and product category. During the quarter, we generated nearly $23 billion in operating cash flow, returned over $28 billion to our shareholders, and continued to invest in our long-term growth plans.

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.