Market Updates
Apple Third Quarter Sales Rise 8%, iPhone Sales Up 10%
Scott Peters
27 Oct, 2022
New York City
Apple Inc declined 1.1% to $143.81 after the computing and telecom devices maker reported fiscal fourth quarter results ending on September 24.
Revenue in the quarter rose 8% to $90.1 billion from $84.4 billion a year ago.
Currency headwinds lowered the company sales by 600 basis points, chief executive Tim Cook said in an interview with CNBC.
Net income in the quarter rose to $20.7 billion from $20.5 billion and diluted earnings per share increased to $1.28 to $1.24 a year ago.
Sales in Americas rose to $39.8 billion from $36.8 billion and Greater China rose to $15.5 billion from $14.6 billion a year ago.
Sales in Europe jumped to $22.8 billion from $20.8 billion and in Japan fell to $5.7 billion from $6.0 billion a year ago.
iPhone sales jumped to $42.6 billion from $38.9 billion a year ago.
Apple declared a cash dividend of 23 cents a share payable on November 10, 2022 to shareholders of record as of the close of business on November 7, 2022.
Apple does not provide forward looking guidance.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|