Financial Associated Press, April 29 (Editor Zhao Hao) On Thursday (April 28) after the US stock market, Apple announced its fiscal second quarter of fiscal 2022 (three months ended March 28, 2022).
The company's net sales (revenue) hit a record high in the quarter, recording $97.278 billion, up 8.59% year-over-year, significantly higher than the market's previous expectation of $93.89 billion, and earnings per share in the second quarter of the fiscal year were $1.52, higher than market expectations of $1.43 and $1.40 in the same period last year.
According to the business classification, Apple's merchandise sales reached $77.457 billion in the quarter: the iPhone generated $50.570 billion in revenue, up 5.5% year-on-year, higher than the market expectation of $47.88 billion.
This means that the iPhone 13 has a good market. Apple CEO Tim Cook told the media that this quarter's iPhone business was successful in converting Android phone users, with an increase of even double digits, "Which is obviously a strong cycle." ”
Mac generated $10.435 billion in revenue, up 14.73% year-on-year, higher than market expectations of $9.25 billion; iPad generated $7.646 billion in revenue, down 1.92% year-on-year, still higher than market expectations of $7.14 billion;
Cook said the iPad business had a "very obvious supply bottleneck" during the quarter, and Mac products were also limited by the COVID-19 pandemic and silicon materials, and while "Apple's supply chain has remained resilient, chips are the main problem." ”
Other wearables, home and other devices generated revenue of $8.806 billion, up 12.37% year-on-year, but lower than the market expectation of $9.05 billion.
Cook said in his earnings report that the record sales in the quarter were a testament to the company's commitment to innovation and top-notch business capabilities, "And it's great to see the strong response from our customers to our new products, and we're also making progress towards being carbon neutral." ”
Services sales reached $19,821 million, up 17.28% year-over-year and higher than market expectations of $19.72 billion. Apple's board also announced in its report that it authorized an additional $90 billion for share buybacks, raising dividends by 5% to $0.23 per share.
Luca Maestri, the company's chief financial officer, said we are very pleased with the record sales and "strong results generated more than $28 billion in operating cash flow, enabling us to return nearly $27 billion to shareholders during the quarter." ”
But Cook told the media that like other companies, Apple has not been able to avoid the challenges posed by the covid-19 pandemic, supply chain and The Russian-Ukrainian conflict, and expects revenue to be negatively affected by $4 billion to $8 billion next quarter. Apple's after-hours stock plunged during the conference call, falling more than 6% at one point.