Cupertino, California October 27, 2022 Apple today announced financial results for the quarter ending September 24, 2022. The company reported September quarter record revenue of $90.1 billion, up 8 percent year-over-year, and quarterly earnings per diluted share of $1.29, up 4 percent. year. Annual revenue was $394.3 billion, an increase of 8 percent year-over-year, and annual earnings per depositary share were $6.11, an increase of 9 percent year-over-year.
“This quarter’s results reflect Apple’s commitment to our customers, to pursuing innovation and to leaving the world better than we found it,” said Apple CEO Tim Cook. “As we head into the holiday season with our most powerful lineup ever, we are guided by our values in every step we take and every decision we make. We are committed to creating products and services that protect the environment, protect user privacy, strengthen accessibility, and unlock the full potential of human creativity.
“Our record September quarter results demonstrate our ability to execute effectively despite a challenging and volatile macroeconomic backdrop,” said Apple’s CFO Luca Mastri. “We continued to invest in our long-term growth plans, generated more than $24 billion in operating cash flow, and returned more than $29 billion to our shareholders in the quarter. The strength of our ecosystem, unmatched customer loyalty and record sales have driven our active installed base to new all-time highs.” It’s another record-breaking quarter for Apple, with revenue growing to more than $28 billion and cash flow up $18 billion from last year.
Apple’s board of directors announced a cash distribution of $0.23 per share of the company’s common stock. The dividend will be paid to shareholders on November 10, 2022 until the close of business on November 7, 2022.