News

Apple Q4 2021 Results: $20.6B Profit on $83.4B Revenue – New September Quarter Record, Revenue Up 29%

Apple earlier today announced financial results for its fiscal 2021 fourth quarter. Apple posted revenue of $83.4 billion and a net quarterly profit of $20.6 billion, or $1.24 per diluted share, compared to revenue of $64.7 billion and a net quarterly profit of $12.7 billion, or $0.73 per diluted share, in the year-ago quarter.

“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, Apple’s CEO. “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, Apple’s CFO. “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. During the September quarter, we returned over $24 billion to our shareholders, as we continue to make progress toward our goal of reaching a net cash neutral position over time.”

Apple’s board of directors has declared a cash dividend of $0.22 per share of the Company’s common stock. The dividend is payable on November 11, 2021 to shareholders of record as of the close of business on November 8, 2021.

As they’ve done for the past several quarters, Apple is once again not issuing any guidance for Q1 2022 ending in September, due to the uncertainty surrounding the global COVID-19 pandemic’s impact.

Chris Hauk

Chris is a Senior Editor at Mactrast. He lives somewhere in the deep Southern part of America, and yes, he has to pump in both sunshine and the Internet.