Apple today announced its fiscal fourth-quarter 2022 (third calendar quarter) revenue results. It reported revenue of $90.1 billion, with a net quarterly profit of $20.7 billion, or $1.29 per diluted share. That is compared to revenue of $83.4 billion and a net quarterly profit of $20.6 billion, or $1.24 per diluted share, in the year-ago quarter.
The gross margin for the quarter was 42.3%, compared to 42.2% one-year-ago.
Apple set new company records for the full fiscal year with $394.3 billion in sales and $99.8 billion in net income, up from $365.8 billion in sales and $94.7 billion in net income for fiscal 2021.
Apple also declared a quarterly dividend payment of $0.23 per share, payable on November 10 to shareholders of record as of November 7.
“This quarter’s results reflect Apple’s commitment to our customers, to the pursuit of innovation, and to leaving the world better than we found it,” said Tim Cook, Apple’s CEO. “As we head into the holiday season with our most powerful lineup ever, we are leading with our values in every action we take and every decision we make. We are deeply committed to protecting the environment, to securing user privacy, to strengthening accessibility, and to creating products and services that can unlock humanity’s full creative potential.”
“Our record September quarter results continue to demonstrate our ability to execute effectively in spite of a challenging and volatile macroeconomic backdrop,” said Luca Maestri, Apple’s CFO. “We continued to invest in our long-term growth plans, generated over $24 billion in operating cash flow, and returned over $29 billion to our shareholders during the quarter. The strength of our ecosystem, unmatched customer loyalty, and record sales spurred our active installed base of devices to a new all-time high. This quarter capped another record-breaking year for Apple, with revenue growing over $28 billion and operating cash flow up $18 billion versus last year.”
As they’ve done for the past several straight quarters, Apple is once again not issuing any guidance for fiscal Q1 2023 ending in December.
