As expected, Apple released its Q4 earnings report for the fiscal quarter ending on September 24 and quarterly revenues sitting at an all-time high of $90.1 billion – an 8% increase compared to the same time last year. Yearly revenues are also up 8% YoY at $394.3 billion. Net income grew to $20.72 billion while earnings per share rose to $1.29 – a 4% increase compared to last year.
Apple Q4 2022 earnings report
Despite dwindling global smartphone shipments, iPhone revenue grew by 9.6% to 42.63 billion thanks to robust iPhone 14 series performance. The Services category accounted…
