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Apple’s record revenue for the third quarter of 2022 was $83 billion

Apple today released third quarter results for the third quarter of fiscal year 2022 ended June 25, 2022, announcing record June quarter revenue of $83.0 billion, up 2% yearoveryear, and quarterly earnings per diluted share was $1.20. Apple today released third quarter results for the third quarter of fiscal year 2022 ended June 25, 2022, announcing record June quarter revenue of $83.0 billion, up 2% yearoveryear, and quarterly earnings per diluted share was $1.20. Apple says iPhone and services were the main drivers of record revenue for the June quarter, with active device installs reaching record levels across all major product categories.

Apple results for the third quarter of 2022

If you’d like to listen to Apple’s audio version of Q3 2022 results, please visit Apple’s official website using the link below.

“This quarter’s record results speak to Apple’s ongoing efforts to innovate, develop new experiences, and improve the lives of our customers,” said Tim Cook, Apple CEO. “As always, we lead with our values ​​and express them in everything we create, from new features designed to protect user privacy and security to tools that will improve accessibility, part of our longstanding commitment to create products for everyone.”

“The June quarter results continue to demonstrate our ability to effectively manage our business despite a challenging operating environment. We set a revenue record for the quarter in June, and our active device installed base reached an alltime high across all geographic segments and product categories,” said Luca Maestri, Apple CFO. “During the quarter, we generated almost $23 billion in operating cash flow, returned more than $28 billion to our shareholders, and continued to invest in our longterm growth plans.”

“Apple’s Board of Directors has declared a cash dividend of $0.23 per share of the company’s common stock. Dividends are payable on August 11, 2022 to shareholders registered at the close of business on August 8, 2022.”

Source: Apple

Filed Under: Apple, Technology News

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