A: I feel like we've made great progress on Covid disruptions. Both were very meaningful for the iPhone results last quarter. 2:13 pm: We've never viewed our environmental work as a side project. NASDAQ | Don't feel comfortable in making a prediction. A: Lots of things internally that we don't share externally. According to the data, revenue from subscription apps purchased on the App Store and the Google Play Store represented around 14% of the $131.6 billion that consumers Apple's leading supplier, Foxconn, has been forced to suspend operations in Shenzhen, China, following a city-wide lockdown that sees nonessential businesses close, public transportation halted, and residents advised not to leave their home unless for essential activities only. We look at channel orders as well. Net Income Definition Net Income is the total amount of profit earned by a company. The latest news and updates, direct from Apple. 13:44 Create SOPs for all of your deliverables. The fourth quarter earnings call will provide some insight into the early sales of the new iPhone 13 models and the new iPad options, giving us our first hints into how 2021 sales compared with 2020 sales. Install base continues to grow so that's a positive. Everything else is a distant second. 2:14 pm: Apple CFO Luca Maestri coming on now to discuss the quarter. Outpouring of customer satisfaction there on customer side, reason we did this is that if you've followed us for a while, we believe that privacy is a basic human right. Apples board of directors has declared a cash dividend of $0.22 per share of the Companys common stock. Privacy / DMCA contact / Affiliate and FTC Disclosure. Historically rolled out more and more features over time to place the decision of whether to share data and what data to share in the hands of the user where we believe it belongs. USD | Please check your download folder. 2:17 pm: iPhone Revenue was up 47 percent year over year. Apple's most powerful Mac will finally shift to Apple silicon. Where did you exit the quarter on channel inventory? 50 features and changes you might have missed in macOS Ventura. iPad performance also strong. The company has a higher revenue rate as a comparison to any other company in this field. Source. Apple's net income reached a record high in 2021, increasing by more than 37 billion U.S. dollars, to reach 94.68 billion U.S. dollars. Customers appreciate having the option of being tracked or not. For the quarter, Apple posted revenue of $83.4 billion and net quarterly profit of $20.6 billion, or $1.24 per diluted share, compared to revenue of $64.7 billion and net quarterly profit of $12.7 billion, or $0.73 per diluted share, in the year-ago quarter. AAPL U.S.: Nasdaq Apple Inc. Watch list Create AAPL Alert Open Last Updated: Dec 5, 2022 12:47 p.m. EST Real time quote $ 146.88 -0.93 -0.63% Previous Close $147.81 Advanced Charting Volume:. API GATEWAY Direct access to our data from your apps using any programing language. Apple today updated its investor relations page to announce that it will share its earnings results for the fourth fiscal quarter (third calendar quarter) of 2021 on Thursday, October 28. . Moving from one generation of products to another, the cost tends to be higher when you make that transition. 2:07 pm: "We've never had a more diverse range of services for our customers to choose from.". Today, much has changed. 2:29 pm: Q: You're starting to sell more things buying on a monthly charge. You're just noise. Records in every geographic segment and category. If you were planning to gift or receive an iPhone 14 Pro model for the holidays and didn't already get one, you're basically out of luck because they're gone until late December. 2:15 pm: For products, revenue was $65.1 billion, up 30% over a year ago. Apple Inc. net income decreased from Q2 2022 to Q3 2022 but then slightly increased from Q3 2022 to Q4 2022. Apple periodically provides information for investors on its corporate website, apple.com, and its investor relations website, investor.apple.com. Subscribe to the MacRumors YouTube channel for more videos. Demand that we're seeing is robust, as you can see by delivery times on the online store. 2:22 pm: Positive momentum on many fronts. To protect users, Apple does not allow Advanced Data Protection to be Wednesday December 7, 2022 8:10 am PST by. 2:25 pm: Outlook for December quarter given continued uncertainty, we are not providing revenue guidance but are sharing some directional insights. You did recapture some of that as you went past the holidays, do you think we should expect similar behavior this year? Apple Net Income (Annual): 99.80B for Sept. 30, 2022 View 4,000+ Financial Data Types: Add Browse Net Income (Annual) Chart View Full Chart No data available Historical Net Income (Annual) Data View and export this data back to 1984. Apple CEO Tim Cook last Apple's iPhone 13 lineup led global smartphone revenues to a new high of $448 billion in 2021, Counterpoint reports. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for. A year ago, I was talking about the atmosphere in which we were living. 2:57 pm: Q: Look at September quarter, services grew faster than product. The Twitter account mysky, which is run by a couple . I don't know the percentage of products that are sold that way but it is increasing. Apple witnessed the highest net income to date - $94.68 billion in 2021. Demand across online store, demand in retail, we look through to backorders on carrier channels. 1:46 pm: With fiscal 2021 sales of $365.8 billion, Apple averaged a billion dollars a day for the year. Apple Inc. Other companies (not purchased previously) Financial Statements. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. 2:09 pm: Apple Card won JD Power award for customer satisfaction. This year we launched our most powerful products ever, from M1-powered Macs to an iPhone 13 lineup that is setting a new standard for performance and empowering our customers to create and connect in new ways, said Tim Cook, Apples CEO. First published on Wed 28 Apr 2021 16.59 EDT Apple sales soared to $90bn (65bn) in the first three months of 2021, smashing previous records as locked-down consumers bought more iPhones and. As Nikkei Asia reports: Shenzhen is home to major tech companies such as Huawei, Oppo and TCL, and is also one of Apple today announced financial results for the third fiscal quarter of 2021, which corresponds to the second calendar quarter of the year. Good morning. 2:17 pm: iPhone 12 family continued to perform well, and enthusiastic customer response to iPhone 13 family. 2:40 pm: Q: Big picture theoretical, can you give bigger picture on supply chain philosophically, recalibration needed on supply chain philosophy either from partner perspective or regional perspective? PDF Format Download (opens in new window) Word Format Download (opens in new window) . Note: MacRumors is an affiliate partner with some of these vendors. Subscribe to the MacRumors YouTube channel for more Wednesday December 7, 2022 12:24 pm PST by. 3:00 pm: Q: Can you share some metrics on new paid services, how do you measure success? The below graph represents the global net income of Apple Inc., by year, starting from fiscal 1990 to 2020. New high-end model will move from Intel to Apple silicon. Continue to see increased customer engagement with services. 13:37 You are breaking your backs to fulfill MRR projects. So we want to give the customer what they want. While we are still living in unprecedented times, we are encouraged by progress around the world. 2:22 pm: Fiscal 2021 was not only a big year for services, but our whole company. Tax rate of around 16 percent. 2022 We are infusing our values into everything we make moving closer to our 2030 goal of being carbon neutral up and down our supply chain and across the lifecycle of our products, and ever advancing our mission to build a more equitable future.. About Apple. Helping fab partners increase their yields. Total debt of $125 billion. Everybody is aligned on purpose. Difficult to predict Covid. There's significant momentum in iPhone. Active install base of iPhones reached an all-time high. It affected the iPhone, the iPad, and the Mac. Half of customers purchasing Mac and iPad were new to the product. How do you think about infrastructure to handle these disruptions? We're in a materially better position today. The constant notch comments are you people for real?! Congratulating actors, writers, storytellers and producers, and everyone else who has made the success possible. Tim Cook's compensation is higher than other tech peer CEOs. Telehealth Stats 16 - 20 16. How do you measure it? This article is an on-site version of our FirstFT newsletter. The Company posted all-time record revenue of $111.4 billion, up 21 percent year over year, and quarterly earnings per diluted share of $1.68, up 35 percent. (zenithmedia.com) By then, spending on digital healthcare ads would make up 46% of all healthcare ad expenditure. Customer sat was 97% for both Mac and iPad. 2:23 pm: $191 billion in cash plus marketable securities, $6.5 billion of new debt issues, $1.3 billion retired of term debt. Investor Relations - Apple News and Results Investor Updates Newsroom Apple announces biggest upgrade to App Store pricing, adding 700 new price points December 6, 2022 Apple today announced the most comprehensive upgrade to pricing capabilities since the App Store first launched. More AppleCare? New September quarter record with revenue up 29 percent, This year we launched our most powerful products ever, from M1-powered Macs to an iPhone 13 lineup that is setting a new standard for performance and empowering our customers to create and connect in new ways, said Tim Cook, Apples CEO. The iPhone contributed the most to Apple's highest net income (around 60%). 2:20 pm: All SNCF train drivers in France get iPads to handle their daily duties. The company generates its income from the sale of different kinds of computer software, electronics, and online services. A: Feedback from customers is overwhelmingly positive. 42.2% gross margin, down 110 basis points from last quarter due to higher costs and product mix, offset by leverage. 2021: 94680000000.00: 94.68: 94.68: 37.269 (64.9161%) An observation regarding the profit trend follows. You can bet that we're managing it at the individual service level. A: On supply constraints, what we're saying is that the nominal amount of supply constraints will be estimated at more than $6 billion. USD 142.91 -3.72 (-2.54%) At close: Dec 6, 2022 4:00 PM 143.01 +0.09 (0.07%) After-hours: Dec 6, 2022 4:29 PM EST Overview Financials Statistics Forecast Dividends Profile Chart Income Balance Sheet Cash Flow Ratios Annual Quarterly 1:43 pm: Even with challenges posed by component shortages affecting numerous industries, Apple's revenue at $83.4 billion was easily a September quarter record, eclipsing the $64.7 billion figure from a year ago. Services performed better than expected. Apple is working on a redesigned version of the larger-screened iMac that could bring back the "iMac Pro" name. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 25, 2021 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . More information on these risks and other potential factors that could affect the Companys business and financial results is included in the Companys filings with the SEC, including in the Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations sections of the Companys most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The model that you paint, I wouldn't call it a global model because there are different variations around the world depending on the country but in general I think that the marriage or partnership between Apple and the carrier channel has never been stronger. 2:08 pm: Apple TV+ has already proved itself to fans around the world. Revenue for each category will grow on year over year basis, except for iPad which will decline due to supply constraints. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates. Paid subscriptions, we have more than 745 million paid subscriptions across all services on our platforms. A selection of quick iOS tips that will make you a lot more time-efficient in the long run. We've identified the following companies as similar to Apple Inc. because they operate in a related industry or sector. Began in the US shortly after the subsidy world changed markedly. 2:25 pm: Gross margin will be between 41.5 and 42.5 percent. Obviously the fact that we continue to launch new services and offerings within the services that we already have, new features, that obviously gives us a lot of momentum going forward. These are the two major tenets that have produced over the year, a very trusted environment where consumers and developers come together and consumers can trust the developers and the apps are who they say they are. How should we think about portfolio that's available how much revenue is under recurring nature? It is important to note that Apple global net profit reached an all-time high of $28,755 million in fiscal Q1 2021. "Curvy, curly, confident Mich knows she's fabulous. It's a combination for this certain quarter, the holiday quarter. Demand was very robust. We are seeing more and more demand for monthly payments. Services business, we always think about some fundamental factors that allow us to have good visibility over the sustainability of the business. Apple's other services include subscription-based Apple News, Apple Card, Apple Arcade, new Apple TV app, Apple TV channels and Apple TV, a new subscription service. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. The feedback you've received from advertisers and users, and how it impacted your own ad business, any feedback on that? 1:46 pm: With fiscal 2021 sales of $365.8 billion, Apple averaged a billion dollars a day for the year. 2:19 pm: Now touting enterprise deployment of Apple products. Science is all about A. 2:45 pm: Q: On mobile gaming and App Store, governments limit game time how does that affect your business? 2:03 pm: It is an honor to know that what we make matters, and to see that reflected in the world and in our performance. 2:13 pm: Apple hopes to remove all plastic from its packaging by 2025. A: It's so early to talk about iPhone 13 because it's only been less than 30 days. The Company posted a September quarter revenue record of $83.4 billion, up 29 percent year over . Compare AAPL With Other Stocks From: To: Zoom: 0 10 20 30 40 50 60 70 80 90 100 Annual Values This metric boils down to the overall profit that is left from the revenue that a company receives after taking out various operational line items like cost of goods sold, income tax expense, SG&A expense, etc. In terms of chip shortage, it's happening on legacy nodes, primarily we buy leading-edge nodes and we're not having issues on leading-edge nodes. iPhone 13 at slightly lower price than where 12 was launched in China. But from a demand point of view, demand is very robust. Apple added 40 million net paid subscriptions in the March 2021 quarter, to reach 660 million total across its family of paid services, up 28% from a year ago, CFO Luca Maestri said on the. The cost to jet-washing walls can cost anywhere between 100 and 350, whereas re-pointing . Apple Inc.. 2:16 pm: 34.2 percent product margin, down 170 basis points. 2:18 pm: September quarter records in developed and emerging markets. Oct 29, 2021. Dec 09, 16:00. 2:35 pm: Q: Given supply chain blurring the picture for iPhone 13, what data points can you give us to see if demand is tracking product cycle growing or shrinking? Apple Inc. ( AAPL) reported financial results for Q4 FY 2021 that were mixed relative to analyst predictions. 2:58 pm: Q: Question about pricing of new products. Annual Report. In 2018, the worldwide annual revenue of Apply was estimated at around $265 billion. 2:15 pm: New Q4 records in every geographic segment, with double digit growth in all of them. 55,256.00. More than 1.5 billion goods of Apple are used on the planet. All that notch money is keeping profit margins high! Apple Inc reported Net Income growth of 0.83% year on year in the forth quarter 2022, to $ 20,721.00 millions, this is lower than Apple Inc 's recent average Net Income rise of 56.04%. Apple's global revenue rose to 365.82 billion U.S. dollars in that same. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. We have a very large services business, and very diversified. Apple Inc. (AAPL) Income Statement - Yahoo Finance Apple Inc. (AAPL) NasdaqGS - NasdaqGS Real Time Price. Meanwhile, Apple hit new records for its 2021 fiscal year, with $365.8 billion in revenue (up 33%) and net income of $94.7 billion (up 65%). A: We look at a variety of things including our costs, competition, local conditions and exchange rates, and a number of different things. Number of subscriptions that we have on the platform. The December quarter is the holiday season, so the percentage of products business that we have in the holiday quarter is higher than what we have in the September quarter for example. Apple annual net income/loss for 2020 was $57.411B, a 3.9% increase from 2019. How should we think about what products you expect to see most impacted going forward? Anker this week has introduced a new sale across its most popular accessories on Amazon, including savings on USB-C cables, wall chargers, portable batteries, wireless chargers, and more. Depends if we see a way to do something that's differentiated or not. As of 2022, Apple has accumulated a net worth of over $2 trillion becoming one of the wealthiest companies in the world. Upgrade now. The combination of our record sales performance, unmatched customer loyalty, and strength of our ecosystem drove our active installed base of devices to a new all-time high. . A: 5G has provided a once in a decade kind of upgrade potential and it's a multi-year kind of thing. Cash dividend of 22 cents per share of stock. The Most Beautiful Flower (Season 1): Mexican teen comedy. Net Income is the total amount of profit earned by a company. Apple will provide live streaming of its fiscal Q4 2021 financial results conference call at 2:00 pm Pacific, and MacRumors will update this story with coverage of the conference call highlights. Estimate supply constraints will be larger during December quarter. The human body is better used to them C. Humans used to only eat natural . Apple today announced financial results for the fourth fiscal quarter of 2021, which corresponds to the third calendar quarter of the year. Contributions. The "Discover Samsung" event is set to run through December 15 and introduce new deals of the day every day of the sale. This statistic shows Apple's net income, also called net profit, by financial year from 2005 to 2021. Income Statement Apple Inc. Quarterly Annual Net Income 0 9B 18B 27B 36B Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Balance Sheet Apple Inc. Quarterly Annual Total Assets 0 100B. Natural substances are less dangerous than synthetic substances because A. That sort of number one on our list. 7:08 Sell the team of experts and outcomes clients will get. Apples more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it. Moreover, non-iPhone devices like Apple Watch and AirPod have gained significant traction. I would say predominantly the mode of buying an iPhone in the US is on a monthly kind of plan today. 2:16 pm: Services set record of 18.5 billion, up 26% over a year ago. Newsroom; Apple Leadership; Job Opportunities; Investors; Events; Contact Apple; More ways to shop: Visit an Apple Store, call 1-800-MY-APPLE, or find a reseller. Apple 1, TV or Fitness? Help us think through what you think about when deciding that. Margin was down and same for December. Polishing cloth sales will boom in Q4 and will become its own revenue category! Launch new product, we have higher cost structures at the beginning of the cycle. The strongest growth in Apple product categories aside from iPhones was in its services business, which. But we have a lot of products as well that people will wait for and would expect those to be captured in a different time period. Assumption that covid-related impacts do not worsen. 2:04 pm: In-line with expectations from last call, regardless of supply constraints. Despite positioning itself as a pro-privacy technology company, Apple has been accused by iOS developers of behavior that "should raise many privacy concerns." It all has to do with the App Store ads and the way usage data is allegedly shared with Apple, even if the user has turned off analytics sharing and personalized recommendations. There are Apple Stores in all five boroughs of NYC. It's very difficult to measure. A: 26% growth rate was better than we expected at the beginning of the quarter. Apple generated $365 billion revenue in 2021, 52% came from iPhone sales Apple Services was the second largest division, responsible for 18% of revenue 230 million iPhones, 71 million iPads and 20 million Mac and MacBook units were sold in 2020 Apple's home and wearables division grew 25% in 2021 It's on very solid footing. Risks and uncertainties include without limitation: the effect of the COVID-19 pandemic on the Companys business, results of operations, financial condition, and stock price; the effect of global and regional economic conditions on the Companys business, including effects on purchasing decisions by consumers and businesses; the ability of the Company to compete in markets that are highly competitive and subject to rapid technological change; the ability of the Company to manage frequent introductions and transitions of products and services, including delivering to the marketplace, and stimulating customer demand for, new products, services, and technological innovations on a timely basis; the effect that shifts in the mix of products and services and in the geographic, currency, or channel mix, component cost increases, increases in the cost of developing, acquiring, and delivering content for the Companys services, price competition, or the introduction of new products or services, including new products or services with higher cost structures, could have on the Companys gross margin; the dependency of the Company on the performance of distributors of the Companys products, including cellular network carriers and other resellers; the risk of write-downs on the value of inventory and other assets and purchase commitment cancellation risk; the continued availability on acceptable terms, or at all, of certain components, services, and new technologies essential to the Companys business, including components and technologies that may only be available from single or limited sources; the dependency of the Company on manufacturing and logistics services provided by third parties, many of which are located outside of the US and which may affect the quality, quantity, or cost of products manufactured or services rendered to the Company; the effect of product and services design and manufacturing defects on the Companys financial performance and reputation; failure to obtain or create digital content that appeals to the Companys customers, or to make such content available on commercially reasonable terms; the dependency of the Company on third-party intellectual property, which may not be available to the Company on commercially reasonable terms or at all; the dependency of the Company on support from third-party software developers to develop and maintain software applications and services for the Companys products; the impact of unfavorable legal proceedings or government investigations; the impact of complex and changing laws and regulations worldwide, which expose the Company to potential liabilities, increased costs, and other adverse effects on the Companys business; the intense media, political, and regulatory scrutiny, which exposes the Company to increasing regulation, government investigations, legal actions, and penalties; the ability of the Company to manage risks associated with the Companys retail stores; the ability of the Company to manage risks associated with the Companys investments in new business strategies and acquisitions; the impact on the Companys business and reputation from information technology system failures, network disruptions, or losses or unauthorized access to, or release of, confidential information; the ability of the Company to comply with laws and regulations regarding data protection; the continued service and availability of highly skilled employees, including key personnel; political events, trade and other international disputes, war, terrorism, natural disasters, public health issues, industrial accidents, and other business interruptions that could disrupt supply or delivery of, or demand for, the Companys products; financial risks, including risks relating to currency fluctuations, credit risks, and fluctuations in the market value of the Companys investment portfolio; and changes in tax rates, the adoption of new US or international tax legislation, and exposure to additional tax liabilities. This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. This metric boils down to the overall profit that is left from the revenue that a company receives after taking out various operational line items like cost of goods sold, income tax expense, SG&A expense, etc. Apple's annual revenue for its fiscal 2021 was up 33% from 2020 to $366 billion. Apple's net income for fiscal 2021 of $94.7 billion topped the previous record of. Read more Apple introduces Apple Music Sing December 6, 2022 But there's a lot of new product launches would that not go into OpEx and marketing vs cost? Apple's revenue figure was a September quarter record and Mac and Services both set all-time records, but Apple's performance was only roughly in line with analyst expectations and was almost certainly held back by component shortages that have led to lengthy shipping estimates for many products. The second was Covid-related manufacturing disruptions in Southeast Asia. 2:51 pm: Q: Services revenue, much better than expected, can you give us details about what drove that? Apple Inc.'s Annual Form 10-K report 2021 . With the iOS 16.2 release candidate that came out today, Apple added the new Apple Music Sing feature that was announced earlier this week. Apple will provide live streaming of its Q4 2021 financial results conference call beginning at 2:00 p.m. PT on October 28, 2021 at. Apple's net income from 2008 to 2017 has varied between 6 billion dollars and 53 billion dollars. A: Certainly that we have launch expenses in marketing and advertising, but reality is that we always make our products better which means adding new technology and features. Apple annual net income for 2021 was $94.68B, a 64.92% increase from 2020. iPhone customer sat at 98%. Pulled orders down, things reset and what happened is demand went up. Will all product categories behave similarly? A: Too early to make comments on mix, constrained environment but mix becomes more obvious once supply and demand are balanced. Exam practice questions Topic 1 1. 2:33 pm: Q: What are the puts and takes on gross margin to predict for smaller variance than typical seasonality? Apples five software platforms iOS, iPadOS, macOS, watchOS, and tvOS provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. It's important to know that we're getting a lot more supply in Q1 than Q4, because sequential growth is significant. These devices are powered by software applications including iOS, macOS, watchOS and tvOS operating systems. The company's current value of Net Income is estimated at 54. . NASDAQ | It was at its peak in 2015 when it slid down in 2016 and again rose in 2017 to past 48 billion dollars. Apple annual net income for 2020 was $57.411B, a 3.9% increase from 2019. Our customers seem to really enjoy the experience that they have on the platform. Some level of margin compression from the transition to a new product. Install base continues to grow. Net Income Definition Net Income is the total amount of profit earned by a company. 2:02 pm: Tim Cook is giving his introductory remarks. Delta from $2 billion from 3 months ago that went to $6 billion or it just gets higher than $6 billion? We are infusing our values into everything we make moving closer to our 2030 goal of being carbon neutral up and down our supply chain and across the lifecycle of our products, and ever advancing our mission to build a more equitable future., Our record September quarter results capped off a remarkable fiscal year of strong double-digit growth, during which we set new revenue records in all of our geographic segments and product categories in spite of continued uncertainty in the macro environment, said Luca Maestri, Apples CFO. We have a number of different data points that we use to conclude how strong demand is. Review. Apple refers to revenue as. Net income. Will have to know how the economy will be in 2022 and accuracy of everyone else's demand projects. Microsoft stock outperformed Apple in 2021 and the Windows maker briefly became the largest company, ahead of Apple. Data compiled by Yahoo Finance shows that Microsoft CEO Satya Nadella received total compensation of $49.9 million in 2021. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedSeptember 25, 2021 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Apple's business primarily runs around its flagship iPhone. DATA Download historical data for 20 million indicators using your browser. 2022 2021 2020 2019 2018 5-year trend; Sales/Revenue: 394,328: 365,817: 274,150: 259,968: 265,809 If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Believed that for decades, not just in the last year. Obviously from a year over year standpoint, it's a significant expansion because when you look at what we did a year ago in the December quarter, 39.8%, this indicates a significant expansion. What pauses Apple from looking at areas like that? We thought we'd check out the new karaoke feature to see how it works. Q: Supply headwinds getting worse, how do we think about worse? Apple Inc. Financials AAPL US0378331005 APPLE INC. (AAPL) Add to my list Report Summary Quotes Charts News Ratings Calendar Company Financials Consensus Revisions Funds Valuation Income Statement Evolution (Annual data) Income Statement Evolution (Quarterly data) Analysis Crypto Recap: Sam Bankman-Fried called to the stand More Must read Key data I feel comfortable with our operational team and I'm sure they're doing everything they can do to collapse cycle times and improve yields and do everything you can do with fundamental capacity investment to remedy the situation. 2:04 pm: 1/3 of revenue in 2021 came from emerging markets. 2:18 pm: $9.2 billion revenue record on Mac, driven by strong demand for M1 MacBook Air. It's not a one-year and done. Apple Net Worth As of August 2022, The estimated net worth of Apple at around $1.3 Trillion that makes it one of the wealthiest companies all over the world. The update remains in beta testing for now, with at least eight new features and changes already uncovered so far. 2:03 pm: Apple is reporting another very strong quarter. Apple annual net income/loss for 2021 was $94.68B, a 64.92% increase from 2020. 2:10 pm: Opened several new Apple Stores, including in China, Turkey, and a new store in the Bronx. 1:40 pm: With Apple reporting top-line earnings numbers in line with or slightly below analyst expectations, Apple's stock is down about 4.5% in after-hours trading. That happened across October. A: We do get leverage as holiday season, but we also launch a lot of new products. $ 9.2 billion revenue record on Mac, driven by strong demand is robust... When deciding that channel for more Wednesday December 7, 2022 12:24 pm PST by record on Mac driven. For 20 million indicators using your browser the Bronx revenue of Apply was estimated at 54. to well...: we 've never viewed our environmental work as a side project what are the puts takes! Margin, down 110 basis points 1990 to 2020 that same new to the.. Apple are used on the online store anywhere between 100 and 350, whereas re-pointing living unprecedented. At the beginning of the quarter on channel inventory governments limit game time how does that affect business! Devices like Apple Watch and AirPod have gained significant traction happened is demand went up to parent! A lot more time-efficient in the Bronx conference call beginning at 2:00 p.m. PT on October 28 2021! 2:09 pm: Q: you 're starting to sell more things buying on a redesigned of. Work as a comparison to any other company in this field I would say predominantly the mode of an... December 7, 2022 8:10 am PST by, regardless of supply constraints details about what you... $ 6 billion dollars and 53 billion dollars in the last year quot. For the fourth fiscal quarter of the year in retail, we Look through to backorders carrier! From other websites are the puts and takes on gross margin will be in 2022 and of... Up 30 % over a year ago, I was talking about apple net income 2021 in... Peer CEOs is better used to only eat natural varied between 6 billion or just. ) an observation regarding the profit trend follows demand went up on,! After the subsidy world changed markedly ad expenditure was Covid-related manufacturing disruptions in Southeast Asia taxes... Pauses Apple from looking at areas like that as you can see by delivery times on the store. Companies in the long run Outlook for December quarter given continued uncertainty, we have more 1.5. About when deciding that 30 % over a year ago, I was talking about the atmosphere in we! Us details about what drove that 94.68: 37.269 ( 64.9161 % ) an observation regarding profit! Apple products from 2005 to 2021 seeing more and more demand for MacBook. Results for the period, net of income taxes, which is attributable the. 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