Apple Reports Third-Quarter Results

CUPERTINO, California 28 July 2022 Apple today announced financial results for its fiscal 2022 third quarter ended 25 June 2022. The Company posted a June-quarter revenue record of US$83.0 billion, up 2 per cent year over year, and quarterly earnings per diluted share of US$1.20.

“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,” said Tim Cook, Apple’s CEO. “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.”

“Our June-quarter results continued to demonstrate our ability to manage our business effectively despite the challenging operating environment. We set a June-quarter revenue record and our installed base of active devices reached an all-time high in every geographic segment and product category,” said Luca Maestri, Apple’s CFO. “During the quarter, we generated nearly US$23 billion in operating cash flow, returned over US$28 billion to our shareholders and continued to invest in our long-term growth plans.”

Apple’s board of directors has declared a cash dividend of US$0.23 per share of the Company’s common stock. The dividend is payable on 11 August 2022 to shareholders of record as of the close of business on 8 August 2022 (PDT).

Apple will provide live streaming of its Q3 2022 financial results conference call beginning at 7:00 am AEST on 29 July 2022 at apple.com/investor/earnings-call. This webcast will be available for replay for approximately two weeks thereafter.