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Apple recorded $ 123.9bn in the fourth quarter of 2021, an 11 percent profit from last year as its business growth grew and the chip decline was just the sale of the iPad.

The company’s profits for the iPhone and computers over the past three months of the year jumped 20 percent to $ 34.6bn, up from a forecast of $ 31.1bn. That amount exceeded expectations of $ 119bn and $ 111.4bn predicted last year.

Apple sales jumped 5 percent after releasing its results late Thursday.

Chief Financial Officer Luca Maestri told the Financial Times that the financial crisis affecting Apple is costing “more than $ 6bn” in revenue, which is similar to the previous quarter. Advertisers expect the interest rate to be around $ 10bn based on what the company has already said.

Maestri said the concerns of the food industry are being addressed, adding: “We look forward to establishing a strong financial record in March and we look forward to raising strong capital each year.”

Cupertino chief technology expert, who discovered the market value of $ 3tn earlier this month, said the iPhone accounted for 58 percent of total revenue, up 9 percent from a year earlier to $ 71.6bn. Researchers were expecting $ 67.4bn in sales.

“The top five best-selling phones in the US and Australia were all iPhones,” said Maestri. “The top four people in Chinese cities were all iPhones.”

China’s revenues increased by 21 percent to $ 25.8bn, while American exports increased by 11 percent to $ 51.5bn and exports to Europe increased by 9 percent to $ 29.7bn. Japan was the only soft spot, with sales dropping by 14 percent to $ 7.1bn; sales across Asia rose 19 percent to $ 9.8bn.

According to the Counterpoint research team, Transfer to Apple smartphones in China was 32 percent higher from a year earlier to 50m units, taking the top spot from Huawei after imposing US sanctions on disrupting shipments.

Asked if Apple needed to restructure all its sales, Tim Cook said: “I think our sales process is doing very well in light of the decline.

“With fast-moving, fast-moving and short-term trading systems, there is very little distance between the chip that is manufactured and packaged and exited in the factory. So I do not see it making [for] significant changes in sales. ”

Revenues from the service sector, which includes the App Store and digital purchases, rose 24 percent to $ 19.5bn, on top of a forecast of 19% profit. Employment opportunities in the sector rose to 72.4 percent, almost double the 38.4 percent limit on sales.

“We have a lot of control over the registration process – we now have over 785m payment registers on our platform,” said Maestri. “It’s only 165m in the last 12 months.”

The clothing group selling Apple Watch and AirPods rose 13 percent to $ 14.7bn. Mac sales increased 25% to $ 10.9bn.

The sale of the iPad was the only part of the decline, with Apple prioritizing iPhone devices. Tablet sales fell 14 percent to $ 7.2bn.


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