444.7m apple q4
444.7m apple q4 has announced its financial results for the fourth quarter of 2021, which ended on September 25th. The company reported a net income of $444.7 million, or $1.03 per diluted share, compared to $64.7 million, or $0.15 per diluted share, in the same quarter last year. This represents a significant increase in earnings for the tech giant, driven by strong sales across all product categories.
Strong iPhone Sales Drive Revenue Growth
Apple’s revenue for the quarter was $83.4 billion, an increase of 29% compared to the same period last year. The company’s iPhone sales were particularly strong, with revenue from the device increasing by 47% year-over-year to $39.6 billion. This growth was driven by the launch of the iPhone 13 series, which saw strong demand in all regions. In addition to strong iPhone sales, Apple also saw growth in its other product categories. Mac revenue increased by 16% year-over-year to $9.2 billion, while iPad revenue grew by 21% to $8.2 billion. Wearables, Home, and Accessories revenue also increased by 16% to $10.1 billion.
Services Revenue Continues to Grow
Apple’s services segment also saw strong growth in the fourth quarter, with revenue increasing by 26% year-over-year to $18.3 billion. This growth was driven by strong performance in the App Store, Apple Music, and Apple Pay. During the quarter, Apple also announced several new services and features, including Apple Fitness+, which offers personalized workout recommendations and metrics for Apple Watch users. The company also launched Apple One, a subscription bundle that includes access to several of Apple’s services at a discounted price.
Apple’s strong Q4 earnings demonstrate the company’s continued success in the tech industry. The company’s strong iPhone sales, as well as growth in other product categories and services, have helped drive revenue growth and increase profitability. Looking ahead, Apple is expected to continue innovating and expanding its product and service offerings, which should help drive continued growth for the company in the years to come.