The company got a net profit of US$20,721 million, a figure that has slightly exceeded the US$20,551 million for the same period in 2021.
This has resulted in a earnings per share (EPS) of US$1.29 dollars vs. US$1.27 per share expected by consensus and the US$1.25 from the third quarter of the previous year.
This sudden rise is due in part to the fact that the title of the firm has become a haven within the technology sector, after the poor reception of the results of other ‘big tech’ such as Alphabet, Microsoft, Meta and Amazon.
The income of Apple have reached US$90,146 million, an increase of 8.1% in the interannual rate. A number higher than $83.36 billion from the same period of the previous year and that has exceeded market expectations, US$88,900.
The sales of the apple company have been driven by the iPhone. According to the data provided, the income from the sale of mobile phones has been US$42,626 million, a increase of 9.67% in the interannual rate. However, the figure was somewhat lower than the consensus estimate, which expected sales of US$43.21 billion.
On the other hand, income from computers Mac they have stood at 11,508 million dollars, an increase of 25.39% in the interannual rate. The market expected sales to be lower at $9.36 billion.
In the case of income from iPadthese have reached US$7,174 million, 13% less in interannual rate and below the $7.94 billion anticipated.
Also, the segment Technology, Home and Accessories has reached US$9,650 million, compared to US$8,785 million in the same period of 2021, and the segment Services has registered US$19,188 million, an increase of 5% in the year-on-year rate (US$18,277 million in the third quarter of 2021).
“This quarter’s results reflect the Apple’s commitment to our customers, to the pursuit of innovation, and to leaving the world better than we found it”, said Tim Cook, CEO of Apple.
“As we head into the holiday season with our most powerful lineup, we lead with our values in every action we take and every decision we make. We are deeply committed to protecting the environment, protecting user privacy, strengthening accessibility, and creating products and services that can unlock the full creative potential of humanity.”
Luca Maestri, CFO of Apple, for his part, has indicated that “our record results in the September quarter continue to demonstrate our ability to execute effectively despite a macroeconomic backdrop defiant and volatile”.
Source: Ambito
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