Apple has announced its financial results for the fourth quarter of 2022. That was for the company’s fourth quarter of the fiscal year, when it reported record revenue of $90.1 billion, up 8% year-over-year.
Quarterly diluted earnings per share were $1.29, an increase of 4% year-over-year. Total annual revenue was $394.3 billion, up 8% year-over-year.
Apple CEO Tim Cook said: “As we enter the holiday season with our strongest line-up to date, we are leading our values in every action and every decision we make. We are serious about protecting, enhancing accessibility, and creating products and services that maximize human creative potential.”
Luca Maestri, Apple’s CFO, said: “We continued to invest in our long-term growth plans, generated over $24 billion in operating cash flow, and returned over $29 billion to shareholders during the quarter. Customer loyalty and record sales drove the active installed base of devices to a new high, capping another record-breaking year for Apple in the quarter, with revenue surpassing $28 billion and operating cash Flows increased $18 billion year over year.”
The full text of Apple’s fourth quarter financial results can be found on Apple’s website at the link below.
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Filed Under: Apple, Technology News
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