Apple Smashes September Quarter Record with $83.4 Billion Revenue
Apple reports record fourth-quarter revenue of $83.4 billion, a 29 percent increase year over year, fueled by new all-time highs in Services and Mac categories. The tech giant also returns over $24 billion to shareholders during the quarter.
Apple announces a record September quarter revenue of $83.4 billion, marking a 29 percent increase compared to the same period last year. The company reports quarterly earnings per diluted share of $1.24, capping off a remarkable fiscal year characterized by strong double-digit growth across all geographic segments and product categories.
Both Services and Mac revenue reach new all-time highs during the quarter. CEO Tim Cook attributes this success to the recent launch of powerful new products, including the M1-powered Macs and the iPhone 13 lineup, while continuing to push toward the company's goal of becoming completely carbon neutral by 2030.
The combination of record sales, unmatched customer loyalty, and a robust ecosystem drives Apple's active installed base of devices to a new all-time high. Additionally, Apple returns over $24 billion to shareholders during the quarter and declares a cash dividend of $0.22 per share as it progresses toward a net cash neutral position.