On October 28th, Apple disclosed its financial results for the fourth quarter of fiscal year 2022 (June 26 to September 24).
financial report shows that Apple achieved revenue of US$90.146 billion during the reporting period, and increased by 8.14% year-on-year; and achieved net profit of US$20.721 billion, a year-on-year increase of 0.82%. Apple's chief financial officer Luca Maestri said, "Our record quarterly results continue to prove that despite the challenges and turmoil of the macroeconomic environment, we are still able to operate effectively."
Apple's revenue is divided into two major sectors: hardware products and software services, including advertising, payment products Apple Pay, quality assurance service AppleCare, etc. In the fourth quarter of fiscal year 2022, hardware products contributed nearly 80% of Apple's revenue. By product, the sales of iPhone 4 increased by 9.67% year-on-year to US$42.626 billion, but it was still lower than analysts' expectations; the sales of iPad 4 fell by 13.06% year-on-year to US$7.174 billion; Mac is the only Apple product with sales higher than analysts' expectations, with sales up by 25.39% year-on-year to US$11.508 billion.
regions, Apple achieved revenue of US$15.47 billion in Greater China, a year-on-year increase of 6.2%, accounting for about 17.16% of the total revenue. Apple's revenue growth rate in Greater China is slightly lower than its revenue growth rate of 8.12% and 9.62% in the Americas and Europe, respectively, significantly higher than its revenue growth rate in Japan (-4.86%), while Apple's revenue growth rate in other regions of the Asia-Pacific region reached 22.75%.
On the 2022 Fortune , which was produced based on the 2021 performance, Apple's name as the "most profitable company" was seized by Saudi Aramco, but it still ranked second in the Fortune 500 profit list with revenue of US$94.68 billion. (Text | Liu Zhen)
