Apple has just announced their financial results for the last quarter of last year, which is also the first quarter for the 2022 fiscal year. The highlight of their announcement was that, despite all the supply chain trouble Cupertino reportedly had, they still managed to post an all-time revenue record of USD123.9 billion, which is 11% more than what they made the year before.which launched in September 2021.
We are doing all we can to help build a better world — making progress toward our goal of becoming carbon neutral across our supply chain and products by 2030, and pushing forward with our work in education and racial equity and justice,” – Tim Cook, Apple CEO Once we take a step back and compare their 2021 against 2020 as a whole though, Apple’s continued rise becomes plain to see. For the calendar year of 2020, Cupertino generated USD294.1 billion in revenue, while that figure balloons to USD378.3 billion in 2021. That’s an increase of over 28% in just 12 months, even as supply chain issues arguably hit Apple worse in 2021 than 2020.
It wasn’t all down to the iPhone 13 though. Apple’s quarterly results announcement came with a mention for the iPhone and Mac as well as wearables and services, putting the spotlight on their other products as well. Curiously, there’s no mention for the iPad, and once you take a look at their financial statements it’s clear to see why. While net sales rose in every other category year on year, the iPad’s sales was down by 14%.
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