14,497.37 TRY BIST 100 BIST 100
53.53 EUR EUR EUR
46.84 USD USD USD
6.93 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
40.22 TRY Interest Interest
76.53 USD Fossil Oil Fossil Oil
6.21 USD Copper Copper
91.65 USD Silver Silver
97.90 USD Iron Ore Iron Ore
380.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
98.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Apple revenue hits record despite supply chain woes

One of the USA technology giants, Apple's revenue in the October-December period of last year reached a record 123.9 billion dollars with an annual increase of 11 percent despite the supply chain problems.

Apple revenue hits record despite supply chain woes

Apple announced its balance sheet for the October-December period of last year.

Accordingly, the company's revenue, which considered the 3-month period ending on December 25, 2021 as the first quarter of the 2022 fiscal year in its balance sheet, increased by 11 percent compared to the same period of the previous year and reached 123.9 billion dollars. The company had revenue of 111.4 billion dollars in the October-December period of 2020.

The revenue of the company, which surpassed market expectations and reached a record level despite supply chain difficulties, was estimated to reach 118.66 billion dollars in this period.

The firm's net profit also rose 20 percent to $34.6 billion in the same period. Apple's net profit was calculated as $28.8 billion in the same period of the previous year.

The company's earnings per share increased from $1.68 to $2.10 in this period.

9 percent increase in iPhone sales
In this period, while Apple's smartphone and computer sales increased, tablet sales decreased.

The amount of iPhone sales increased by 9 percent in the October-December period of last year compared to the same period of the previous year, reaching $ 71.6 billion.

In the same period, Mac sales increased 25 percent to $10.9 billion, while iPad sales fell 14 percent to $7.3 billion.

Apple CEO Tim Cook warned in October last year that supply bottlenecks could cost the company $6 billion.

 

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

UTIKAD: Normalization in the Strait of Hormuz is reshaping freight and insurance costs

Wednesday, July 1, 2026

Mustafa Gültepe re-elected as TİM President, renews mandate

Sunday, June 28, 2026

TİM chief Gültepe targets USD 410 billion in exports for 2026

Sunday, June 28, 2026

China's current account surplus reaches USD 184.3 billion in first quarter

Sunday, June 28, 2026

Russia extends ban on oil sales to countries enforcing price cap

Sunday, June 28, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now