Apple’s fourth quarter net profit was $20.551 billion, a year-on-year increase of 62%

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Tencent technology news on October 29, Apple released its fourth quarter financial report of fiscal year 2021 as of September 25, 2021 on Thursday. According to the financial report, Apple’s revenue in the fourth fiscal quarter was $83.36 billion, a year-on-year increase of 29%; The net profit was US $20.551 billion, a year-on-year increase of 62%.
Executive comments:
“This year, we launched the most powerful products ever, from the M1 supported Mac to the iPhone 13 series, which set new standards for performance and enable our customers to create and connect in new ways,” said Tim Cook, Apple CEO, “We are injecting values into everything we do — closer to our goal of 2030, that is, to achieve carbon neutrality in the upstream and downstream of the supply chain and the whole life cycle of products, and continue to promote our mission of building a fairer future.”
Luca Maestri, Apple’s chief financial officer, said: “Despite continued uncertainty in the macro environment, the company ended the fiscal year with record fourth quarter results. During this period, we created new revenue records in all geographical segments and product categories. Our record revenue, unparalleled customer loyalty and strong ecosystem pushed the active installation of equipment to an all-time high. In the fourth quarter, We returned more than $24 billion to shareholders. Over time, we continue to move towards the goal of achieving a net cash neutral position. ”
Detailed results of the fourth quarter:
In the fourth fiscal quarter ending September 25, 2021, Apple’s net profit was US $20.551 billion, an increase of 62% over US $12.673 billion in the same period last year; diluted earnings per share was US $1.24, an increase of 70% over US $0.73 in the same period last year.
Apple’s fourth quarter operating profit was $23.786 billion, up from $14.775 billion in the same period last year.
Apple’s fourth quarter net revenue was $83.36 billion, up 29% from $64.698 billion in the same period last year.
Apple’s fourth quarter gross profit was $35.174 billion, up from $24.689 billion in the same period last year.
Apple’s total operating expenditure in the fourth quarter was $11.388 billion, up from $9.914 billion in the same period last year. Among them, R & D expenditure was $5.772 billion, up from $4.978 billion in the same period last year; sales, general affairs and administration expenditure was $5.616 billion, up from $4.936 billion in the same period last year.
Apple’s fourth quarter earnings per share met Wall Street’s expectations, but its revenue was lower than Wall Street’s expectations. According to Thomson Reuters statistics, market analysts had expected Apple’s fourth quarter earnings per share to be $1.24 and revenue to be $84.85 billion.
By product:
Apple’s net revenue from the iPhone in the fourth quarter was $38.868 billion, compared with $26.444 billion in the same period last year.
Net revenue from Mac was $9.178 billion, compared with $9.032 billion in the same period last year.
Net revenue from the iPad was $8.252 billion, compared with $6.797 billion in the same period last year.
Net revenue from wearable devices, household products and accessories was $8.785 billion, compared with $7.876 billion in the same period last year.
Net revenue from services was $18.277 billion, compared with $14.549 billion in the same period last year.
By Region:
Apple’s net revenue in the Americas in the fourth quarter was $36.82 billion, compared with $30.698 billion in the same period last year;
The net revenue of the European sector was US $20.794 billion, compared with us $16.9 billion in the same period last year;
The net revenue of Greater China was US $14.563 billion, compared with us $7.946 billion in the same period last year, with a year-on-year increase of 83%;
The net revenue of the Japanese department was US $5.991 billion, compared with us $5.023 billion in the same period last year;
Net revenue in other Asia Pacific regions was $5.192 billion, compared with $4.131 billion in the same period last year.
Detailed results for fy2021:
Throughout fiscal year 2021, Apple’s net profit was $94.680 billion, up 65% from $57.411 billion in the same period last year; diluted earnings per share was $5.61, up 71% from $3.28 in the same period last year.
Apple’s operating profit in fiscal year 2021 was $108.949 billion, up from $66.288 billion in the same period last year.
Apple’s net revenue in fiscal year 2021 was $365.817 billion, up 33% from $274.515 billion in the same period last year.
Apple’s gross profit in fiscal year 2021 was $152.836 billion, up from $104.956 billion in the same period last year.
Apple’s total operating expenditure in fiscal year 2021 was $43.887 billion, up from $38.668 billion in the same period last year. Among them, R & D expenditure was $21.914 billion, up from $18.752 billion in the same period last year; sales, general affairs and administration expenditure was $21.973 billion, up from $19.916 billion in the same period last year.
Apple’s net revenue from iPhone in fiscal 2021 was $191.973 billion, compared with $137.781 billion in the same period last year.
Net revenue from Mac was $35.190 billion, compared with $28.622 billion in the same period last year.
Net revenue from the iPad was $31.862 billion, compared with $23.724 billion in the same period last year.
Net revenue from wearable devices, household products and accessories was $38.367 billion, compared with $30.62 billion in the same period last year.
Net revenue from services was $68.425 billion, compared with $53.768 billion in the same period last year.
By Region:
The net revenue of Apple’s Americas Division in fiscal year 2021 was $153.306 billion, compared with $124.556 billion in the same period last year;

The net revenue of the European sector was US $89.307 billion, compared with us $68.640 billion in the same period last year;
The net revenue of Greater China was US $68.366 billion, compared with us $40.308 billion in the same period last year;
The net revenue of the Japanese department was US $28.482 billion, compared with us $21.418 billion in the same period last year;
Net revenue in other Asia Pacific regions was $26.356 billion, compared with $19.593 billion in the same period last year.
Performance expectations:
Apple did not provide a forecast for the first quarter of fiscal 2022 in its financial report.
Return on capital plan:
Apple’s board of directors announced that it would pay a cash dividend of $0.22 per share to the company’s common shareholders. The equity registration date of this dividend distribution is November 8, 2021, and the account arrival date is November 11, 2021.
Changes in share price:
Apple shares rose $3.72, or 2.50%, to $152.57 in regular NASDAQ trading on Thursday. In subsequent after hours trading, at press time, Apple’s share price fell $4.07, or 2.67%, to $148.50. Over the past 52 weeks, Apple’s lowest share price was $107.32 and its highest share price was $157.26. According to Thursday’s closing price, Apple’s market value is about $2.522 trillion. (compiled by Tencent technology / Wuji)