Apple revenue for Sept quarter

Apple announced financial results for its fiscal 2022 fourth quarter ended September 24, 2022.
Apple iphone 12 5G smartphone in Singapore
The iPhone maker has posted a September quarter record revenue of $90.1 billion, up 8 percent year over year, and quarterly earnings per diluted share of $1.29, up 4 percent year over year.

Apple’s annual revenue was $394.3 billion, up 8 percent year over year, and annual earnings per diluted share were $6.11, up 9 percent year over year.

Apple has generated revenue of $42.626 billion from iPhone business, $11.508 billion from Mac sales, $7.174 billion from iPad, $9.65 billion from Wearables, Home and Accessories and $19.188 billion from Services.

Apple has generated revenue of $39.808 billion from Americas, $22.795 billion from Europe, $15.47 billion from Greater China, $5.7 billion from Japan and $6.373 billion from Rest of Asia Pacific including India.

Apple said it now has 900 million paying subscribers to its services, up from the previous quarter’s 860 million.

Canalys research said Apple, the only leading smartphone vendor to increase year-on-year driven by robust demand, grew 8 percent and shipped 53 million units during July-September quarter of 2022.

“Apple reached its highest Q3 market share yet, driven by both the iPhone 13 and newly launched iPhone 14 series. The popularity of the iPhone 14 Pro and Pro Max, in particular, will contribute to a higher ASP and stable revenue for Apple,” Canalys Research Analyst Runar Bjorhovde said.

Strategy Analytics said Apple shipped 49 million iPhones worldwide, up +6 percent, for 16 percent global marketshare in Q3 2022. This is the highest third quarter market share for Apple over the past twelve years, at the expense of leading Chinese brands who are hampered by the sluggish performance in both home and overseas market.

“Apple had a good quarter, led by newly launched iPhone 14 Pro and Pro Max, while the demand for iPhone 14 remained mixed,” Woody Oh, Director at Strategy Analytics, said.

IDC said Apple is the only vendor to deliver positive growth this quarter. It still faced challenges as its growth was stunted in many markets, including China, due to the poor macroeconomic situation. Apple came in second with a 17.2 percent share.