Apple Reports Record Revenue and Profit for Fiscal 2022

Strong iPhone and Services Growth Drives Results

October 27, 2022

Cupertino, California — Apple today announced financial results for its fiscal 2022 fourth quarter ended September 24, 2022. The Company posted a record September quarter, with revenue of $90.1 billion, up 8% year over year, and net income of $20.7 billion, up 6% year over year.

iPhone revenue grew 9% year over year to $42.6 billion, while Services revenue grew 5% year over year to $19.2 billion. Mac revenue grew 25% year over year to $11.5 billion, while iPad revenue grew 13% year over year to $7.2 billion. Wearables, Home, and Accessories revenue grew 9% year over year to $9.6 billion.

"We are pleased to report a record September quarter, with strong growth in iPhone, Services, Mac, and iPad," said Tim Cook, Apple's CEO. "Our active installed base of devices reached an all-time high of 1.8 billion during the quarter, and we continue to see strong demand for our products across all of our geographic segments."