December 4, 2023

Apple on Thursday announced the financial results for its third fiscal quarter of 2022.

For the quarter, Apple posted revenue of $83 billion and quarterly profit of $19.4 billion, compared to revenue of $81.4 billion and net quarterly profit of $21.7 billion, in the year-ago quarter.

Gross margin for the quarter stood at 43.3 percent, according to Apple CFO Luca Maestri.

iPhone and Services revenue achieved June quarter records, while Mac, iPad, and “Wearables, Home, and Accessories” revenue was down.

A category-by-category breakdown of Apple’s Q3 2022 revenue is outlined below.

iPhone: $40.6B, up from $39.5B in year-ago quarter
iPad: $7.2B, down from $7.3B in year-ago quarter
Mac: $7.3B, down from $8.2B in year-ago quarter
Wearables, Home, and Accessories: $8.0B, down from $8.7B in year-ago quarter
Services: $19.6B, up from $17.4B in year-ago quarter

Per Apple CEO Tim Cook:

“This quarter’s record results speak to Apple’s constant efforts to innovate, to advance new possibilities, and to enrich the lives of our customers. As always, we are leading with our values, and expressing them in everything we build, from new features that are designed to protect user privacy and security, to tools that will enhance accessibility, part of our longstanding commitment to create products for everyone.”

Once again, Apple did not issue guidance for the current quarter ending in September.

Stay tuned for additional details as they jasa backlink become available.

Via MacRumors and Apple