{"id":400149,"date":"2022-01-28T01:39:44","date_gmt":"2022-01-27T22:39:44","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/apple-reports-record-124b-in-quarterly-revenue\/"},"modified":"2022-01-28T01:39:44","modified_gmt":"2022-01-27T22:39:44","slug":"apple-reports-record-124b-in-quarterly-revenue","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/apple-reports-record-124b-in-quarterly-revenue\/","title":{"rendered":"#Apple reports record $124B in quarterly revenue"},"content":{"rendered":"<p>&#8220;<strong>#<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>le reports record $124B in quarterly revenue<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Apple said it reaped a record $124 billion in revenue in its fiscal first quarter \u2014 an 11% increase from last year which was fueled by strong holiday sales, particularly of its Mac computers.<\/p>\n<p>The iPhone maker says it turned a profit of $34.6 billion in the months of October, November, and December. It also reported earnings-per-share of $2.10.<\/p>\n<p>Apple beat expectations from Wall Street analysts who expected the company to report $118.5 billion in revenues with an earnings per share of $1.89.<\/p>\n<p>The earnings report sent shares of Apple soaring by more than 3% in after-hours trading.<\/p>\n<p>All of the tech giant\u2019s revenue-generating products outperformed analyst forecasts except for the iPad, which sold less because the company was hamstrung by supply constraints.<\/p>\n<p>Apple revenue from iPhone sales were $71.63 billion \u2014 up 9% from the first quarter of last fiscal year.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apple-earnings-02.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"The increase in revenue was driven in part by strong sales of the iPhone 13, which was rolled out in September.\" class=\"wp-image-20996590\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apple-earnings-02.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apple-earnings-02.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apple-earnings-02.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>The increase in revenue was driven in part by strong sales of the iPhone 13, which was rolled out in September.<\/figcaption><figcaption><span class=\"credit\">NurPhoto via Getty Images<\/span><\/figcaption><\/figure>\n<p>The first quarter was the first full quarter in which the company sold its new iPhone 13. Apple CEO Tim Cook said the company managed to boost sales of its signature smartphone \u201cdespite having supply constraints during the quarter.\u201d<\/p>\n<p>Apple Services, which includes music, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">movies<\/a>, TV shows, books, and app purchases, generated $19.52 billion, a robust 24% increase year over year.<\/p>\n<p>The company sold $10.85 billion worth of Macs \u2014 a 25% improvement year over year. Apple\u2019s other products category, which include Apple Watch and AirPods, drummed up sales of $14.70 billion, a 13% increase year over year.<\/p>\n<p>But its iPad sales lagged. Apple reported $7.25 billion, a 14% drop from first quarter of fiscal year 2021.<\/p>\n<p>Apple has not stated its expectations for the current quarter, saying that the pandemic had created too many uncertainties.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apple-earnings-06.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"WEST HOLLYWOOD, CALIFORNIA - JULY 15: Apple CEO Tim Cook attends Apple's &quot;Ted Lasso&quot; Season 2 Premiere at Pacific Design Center on July 15, 2021 in West Hollywood, California. (Photo by Axelle\/Bauer-Griffin\/FilmMagic)\" class=\"wp-image-20996587\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apple-earnings-06.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apple-earnings-06.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apple-earnings-06.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Apple CEO Tim Cook said lagging sales of the iPad were due to supply chain woes which caused a shortage in chips.<\/figcaption><figcaption><span class=\"credit\">FilmMagic<\/span><\/figcaption><\/figure>\n<p>But Cook <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2022\/01\/27\/apple-aapl-earnings-q1-2022.html\">told CNBC<\/a> that he expects the company to continue growing this quarter as supply chain bottlenecks begin to loosen up.<\/p>\n<p>\u201cWhat we expect for the March quarter is solid year-over-year revenue growth,\u201d Cook said. <\/p>\n<p>\u201cAnd we expect supply constraints in the March quarter to be less than they were in the December quarter.\u201d<\/p>\n<p>Cook added: \u201cOur biggest issue is chip supply, it\u2019s chip supply on legacy nodes. And we\u2019re doing okay on the leading edge stuff.\u201d<\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/01\/27\/apple-reports-record-124b-in-quarterly-revenue\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Apple reports record $124B in quarterly revenue&#8221; Apple said it reaped a record $124 billion in revenue in its fiscal first quarter \u2014 an 11% increase from last year which was fueled by strong holiday sales, particularly of its Mac computers. The iPhone maker says it turned a profit of $34.6 billion in the months&#8230;<\/p>\n","protected":false},"author":1,"featured_media":400150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apple-earnings-05.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[124970,5029,70237,70373,5030,70587],"class_list":["post-400149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-1-27-22","tag-apple","tag-corporate-earnings","tag-ipad","tag-iphone","tag-tim-cook"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/400149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=400149"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/400149\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/400150"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=400149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=400149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=400149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}