AAPL Q3

Apple Reports Third Quarter Results

iPhone and Services drive June quarter record revenue

Active installed base of devices reaches all-time high for all major product categories

“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 $23 billion in operating cash flow, returned over $28 billion to our shareholders, and continued to invest in our long-term growth plans.”

https://www.apple.com/newsroom/2022/07/apple-reports-third-q…

1 Like

amazing how they crank along. China down around 1% even with all the lockdowns.

The call will be interesting.

“amazing how they crank along. China down around 1% even with all the lockdowns.”

Imagine how they will do in China with lockdowns lifted.

Rumors of Apple’s problems in China greatly exaggerated.

Earnings call on now:

Thought I just heard Cook say they doubled revenue in India.

India could be a huge growth driver in future.

Cook :woman:?:fried_egg: is a gifted and multifaceted CEO. Worth every penny he makes.

Apple’s better-than-expected June quarter: What the analysts are saying

https://www.ped30.com/2022/07/29/apple-q32022-analysts-sayin…