On Thursday, October 28, Apple announced its financial results for the fiscal fourth quarter of 2021 with an all-time high revenue in Mac and services.
Apple’s fourth-quarter covering the months of July, August, and September, ended on September 25, 2021, and the company reported a revenue of $83.4 billion in the September quarter, an increase of 29% as compared to the last year in the same quarter and recorded a net profit of $20.5 billion and earnings-per-share of $1.24.
And for this great financial achievement, Apple CEO Tim Cook said,
"This year we launched our most powerful products ever, from M1-powered Macs to an iPhone 13 lineup that is setting a new standard for performance and empowering our customers to create and connect in new ways. We are infusing our values into everything we make — moving closer to our 2030 goal of being carbon neutral up and down our supply chain and across the lifecycle of our products, and ever advancing our mission to build a more equitable future.”
Last year, in a fiscal fourth quarter of 2020, Apple reported revenue of $64.7 billion and $12.67 billion in net profit. This year, in Q4 2021, the company reported iPhone revenue up 47%, which is the result of the excellent performance of the latest entire iPhone 13 and iPhone 13 Pro models and reduced pricing on iPhone 12 models.
And because of the more powerful M1-powered Macs, Mac and services product categories reached all-time highs in terms of revenue. Considering financial conditions with profitability, Apple is still placed at the top in the list of the most valuable company in the world.
Here’s what Apple CFO Luca Maestri said about the company’s latest financial results.
"Our record September quarter results capped off a remarkable fiscal year of strong double-digit growth, during which we set new revenue records in all of our geographic segments and product categories in spite of continued uncertainty in the macro environment. The combination of our record sales performance, unmatched customer loyalty, and strength of our ecosystem drove our active installed base of devices to a new all-time high. During the September quarter, we returned over $24 billion to our shareholders, as we continue to make progress toward our goal of reaching a net cash neutral position over time.”
Here’s the revenue of Apple’s all product categories:
- iPhone: $38.87 billion (47% increase)
- iPad: $8.25 billion (21.4% increase)
- Mac: $9.18 billion (1.6% increase)
- Services: $18.28 billion (25.6% increase)
- Home, Wearables, and Accessories: $8.79 billion (11.5% increase)
Apple’s board of directors proclaimed a cash dividend of $0.22 per share on the common stock of the company. The dividend will record as of the close of business on November 8 and it is payable to shareholders on November 11, 2021.
Moreover, Apple has already completed its conference call with investors and analysts to discuss more financial results, which was begun at 2 p.m. PT / 5 p.m. ET, however, the webcast will still be available for replay for about two weeks.