Apple earns 59,640 million dollars between October and March, 14% more

by time news

The technology giant Apple announced this Thursday a net profit between October and March 59,640 million dollars, 14% more than in the same period of the previous year.

In its first half of 2022 (Apple’s fiscal year begins in October), the Cupertino (California, USA) company entered 221,223 million dollars, above 201,023 billed in the same six months of the previous exercise.

For their part, investors in the company with the bitten apple pocketed $3.65 per share during this period, compared to $3.11 a year ago.

By business segments, the phone iPhone represents, with 122,198 million dollars in income, more than half of the total turnover of the company.

Although Apple does not detail the phone models to which the billing corresponds, it is reasonable that a large part of these come from the sales of the new iPhone 13which went on sale at the end of September, that is, just before the period under review began.

Behind the iPhone, although far behind, are services, one of the company’s biggest bets in recent years, in which it has launched a multitude of subscription platforms in sectors as diverse as television entertainment, video games, the press, physical exercise and music.

Between October and March, Apple entered 39,337 million dollars for these subscription services; those followed by clothing and home technology (a segment that includes sales of, among others, watches Apple Watch and of the headphones AirPods), with 23,507 million dollars.

For your partMac computers (the original Apple product) garnered strong sales resultsand allowed the firm to enter 21,287 million dollars for this concept, above the 17,777 million for the same period in 2021.

The negative note, however, was put by iPad tablets, whose sales fell year-on-year and went from contributing 16,242 million to the company’s accounts to only 14,894 million.

The good results presented by Apple, however, did not convince investors on Wall Street and the shares of the company left 1.19% to 161.72 dollars per share in electronic operations after the closing of the New York parks.

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