The fourth quarter of Apple’s fiscal year 2022, which came to an end on the 24th of September this year, was reported financially today by the company. The business reported record quarterly earnings per diluted share of $1.29, up 4% from the prior year, and record quarterly revenue for September of $90.1% billion, up 8% from the prior year.
Revenue increased by 8% year over year to $394.3 billion. In comparison to the previous year, diluted earnings per share for the entire year increased by 9% to $6.11 per share.
Tim Cook, CEO of Apple, said that as they head into the vacation time of year with their strongest batting order to date, they are guided by their beliefs in each act and each choice. They have a strong commitment to safeguarding, enhancing availability, and developing goods and works that encourage creativity.
Human potential
According to Luca Maestri, Apple’s chief financial officer, the company went on to put finance in their long-run growing programs, produced more than twenty-four billion dollars in operational money flowing, and got back more than twenty-nine billion dollars to their stakeholders with the quarter.
With revenue exceeding $28 billion and operating cash flows increasing $18 billion year over year, this period tags a different record for Apple.
The committee of managers of Apple has announced a currency net income of twenty-three cents per stock of common stock of the company.
The payment of dividends to shareholders who were registered as of the close of business on November 7, 2022 will take place on November 10. The 2022 Q4 earnings conference from Apple will be streamed live starting at two o’clock in the afternoon.
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