Apple announces astonishing earnings report

With the arrival of 2022, tech companies began to publish their earnings reports. The revenue report released by the digital broadcasting platform Netflix fell short of the expectations of the investors and the company’s shares fell significantly. Technology giants such as Microsoft and Intel displayed a positive picture; now too Apple’s earnings report shared with the public.

Apple breaks all-time revenue record

Apple today announced its earnings report for the first quarter of fiscal 2021, which ended December 25, 2021. In this period, the company increased its revenue by 11 percent compared to the same period of the previous year, which is an all-time record. to USD 123.9 billion announced its arrival. If your diluted income per share is $2.10 stated that the level

Tim Cook, Apple’s CEO, said in his statement on the subject, the reason for this quarter’s record is what it has to offer to consumers so far. most innovative products and services said that. Tim Cook, who stated that they are satisfied with the positive feedback they receive from customers all over the world, also briefly talked about Apple’s future plans.

“We are doing everything we can to contribute to the building of a better world,” said Apple CEO, in the company’s supply chain and products by 2030. carbon neutral goals He stated that they are making good progress and furthering their work in education, racial equality and justice.

Luca Maestri, Apple’s Chief Financial Officer, stated that the company has achieved double-digit growth in revenue and earnings thanks to its new products and services, and the amount of active devices installed has reached an all-time high. On the other hand, Apple’s board of directors $0.22 per common stock It also announced that it will distribute cash dividends.

What do you guys think about Apple’s revenue report? We are waiting your comments.