Apple's revenue and market capitalization

  •   DEHOUI Lionel

Based in California, USA, Apple is an American company specialising in the creation and marketing of consumer electronics products. It also operates in the field of personal computers and software. The group has almost 147,000 employees worldwide. In 2021, its business improved remarkably. This was also the case in the first two quarters of fiscal year 2022.

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Apple's revenue and market capitalization
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Financial results in Q4-2021

Apple Group closed out its fiscal year 2021 in fine fashion by unveiling impressive fourth quarter results. Over the period from July to September, the Californian firm achieved sales of $83.4 billion, compared to $64.70 billion in Q4-2020.

This represents an increase of 28.84% year-on-year. This revenue is a record for a fourth quarter. In detail, iPhone revenue reached $38.87 billion in this period, up 47% from the same time last year.

Mac revenue was $9.18 billion in Q4-2021, up 1.62% year-over-year. iPad revenue was $8.25 billion, an increase of 21.41% over Q4-2020. Apple Watch and other accessories revenue was $8.79 billion.

This was an 11.54% increase over Q4-2020. Services (iCloud, Apple Music, App Store, etc.) saw their revenues increase by 25.62% year-on-year to $18.28 billion in Q4-2021.

In the last three months of its 2021 fiscal year, Apple posted a net profit of $20.55 billion, compared to $12.67 billion in Q4-2020. This reflects a year-on-year growth of 62.2%. Earnings per share were $1.24, compared to $2.58 on a comparable basis.

 

Overall results for fiscal year 2021

Overall, Apple had a strong fiscal year 2021. This is reflected in the strong results for the year. In this fiscal year, the Californian group recorded sales of 365.8 billion dollars. This represents an increase of 34.72% compared to 2020.

The American company made a net profit of 94.68 billion dollars over the year under review. This is an increase of 64.92% year-on-year. As for earnings per share, they stood at 5.61 dollars. This compares to $3.28 a year earlier.

 

Financial results in the first quarter of 2022

The Apple Group has made a good start to its 2022 fiscal year with an interesting financial performance in the first quarter (ending on 25 December 2021). The Apple brand set a new all-time record for revenue. Indeed, over this period, it reached 123.9 billion dollars.

It is up by 11% compared to Q1-2021. Earnings per diluted share (EPS) were $2.10 in Q1 2022. In addition, the group believes that this quarter's good results are due to the innovation noted in its range of products and services.

It should be noted that during this quarter, sales of the iPhone, Mac, connected devices and services enabled the American firm to record revenues that reached a historic level. In addition, on the strength of this quarter's improved operating results, the company returned approximately $27 billion to its shareholders in Q1-2022.

The company's Board of Directors decided to distribute a cash dividend of $0.22 per common share for the quarter. It was paid on 10 February 2022.

 

Second quarter 2022 results

As in the previous quarter, Apple reported record results for the second quarter of its 2022 fiscal year (ending 26 March 2022). Over this period, the American group achieved revenues of $97.3 billion. This was a 9% increase on Q1-2021.

With this amount, the turnover is a record for a second quarter in the company's history. For the quarter, the California-based company reported earnings per diluted share (EPS) of $1.52. In addition, the strong performance in Q2-2022 illustrates the company's commitment to innovation and its ability to deliver the world's best products and services.

Over this period, the company's cash flow was $28 billion. With this value, it was able to pay approximately $27 billion to its shareholders at the end of the quarter. In addition, for Q2-2022, the company's Board of Directors elected to distribute a cash dividend of $0.23 per common share. The payment took place on 12 May 2022.

 

About Apple's dividend and market capitalisation

For the 2021 fiscal year, the total dividend paid is $0.865. At Apple, the dividend is distributed 4 times during the year. Here is the breakdown of the 2021 dividend with the payment dates.

  • 0.220 per share: 05 November 2021
  • 0.220 per share: 06 August 2021
  • 0.220 per share: 07 May 2021
  • 0.205 per share: 05 February 2021.

In addition, Apple has a strong presence on the stock markets. It is one of the most closely watched stocks by investors or traders. As of June 2022, the company has a market capitalisation of more than USD 2 trillion.

As a reminder, at the beginning of 2022, the group had passed the 3 trillion market capitalisation mark. This was the first time in the company's history since its IPO.

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