The ups and downs of Apple’s revenue, earnings per share, iPhone sales, services and wearables.
Apple beat expectations pretty much across the board, with revenue up 11% and earnings up 25% against tough compares. The stock immediately popped to more than $165 and reached $168 shortly after the analysts call.
From the press release:
Apple today announced financial results for its fiscal 2022 first quarter ended December 25, 2021. The Company posted an all-time revenue record of $123.9 billion, up 11 percent year over year, and quarterly earnings per diluted share of $2.10.
“This quarter’s record results were made possible by our most innovative lineup of products and services ever,” said Tim Cook, Apple’s CEO. “We are gratified to see the response from customers around the world at a time when staying connected has never been more important. We are doing all we can to help build a better world — making progress toward our goal of becoming carbon neutral across our supply chain and products by 2030, and pushing forward with our work in education and racial equity and justice.”
Below: The five charts. Click the second column to see year-over-year growth. (Not seeing the charts? Try the website.)