When announcing its latest quarterly results, Apple reported $123.9 billion in revenue for the fourth quarter of 2021, a record for the company. Record also for the profits of this period which reach 34.6 billion.
Thank you end of year celebrations
The end-of-year celebrations are not for nothing in these results, in particular concerning the sales of the iPhone 13 which alone represent 71.63 billion in revenue, or almost 58% of total turnover. As for services - App Store, Apple Music, Apple Pay, Apple TV+, Apple Arcade and Apple News+ - they represent 19.5 billion, or 24% better than the 15.8 billion for the same period last year.
The word to Tim Cook, CEO of Apple
"Record results this quarter were made possible by our most innovative suite of services and products ever," said Tim Cook, Apple's CEO. We are happy to see the return of our customers all over the world, at a time when it has never been more important to stay connected.”