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Apple's second quarter report 2022 indicates iPhone's record breaking

BingMag.com <b>Apple's</b> <b>second</b> <b>quarter</b> <b>report</b> <b>2022</b> <b>indicates</b> <b>iPhone's</b> <b>record</b> breaking

Apple released its financial report for the second quarter of 2022. During this period, Apple earned $ 50.57 billion from the sale of its iPhones, which is an increase of about 5.5 percent compared to the same period last year. Reports indicate that many Android users have joined the growing number of Apple phone users this quarter, which is why the CEO of Apple has named the quarter "Success Quarter."

  • iOS is gradually taking over Android's share of the operating system market

Apple CEO Tim Cook told CNBC: "We have a very good record for iPhone sales this quarter. "We registered and many Android phone users joined the new iOS users." IPad sales also fell slightly this quarter from a year earlier, with Cook citing "significant supply constraints" as the reason. During this time, Apple also introduced the new iPhone SE 3 smartphone to users. As you know, this product has a design similar to the iPhone 8 with a 4.7-inch LCD screen, but with the powerful processor of the iPhone 13, it definitely has a lot to say in terms of processing power.

BingMag.com <b>Apple's</b> <b>second</b> <b>quarter</b> <b>report</b> <b>2022</b> <b>indicates</b> <b>iPhone's</b> <b>record</b> breaking Apple's services also set a new record this quarter, generating $ 19.8 billion in revenue with 17% annual growth. "We performed very well this quarter in terms of revenue," said Luca Mastri, Apple's chief financial officer. "Continued good customer demand for our products has helped us reach our peak for active devices." He also raised concerns during his interview that corona virus restrictions could cut the company's revenue by $ 4 billion to $ 8 billion. Tim Cook also said that Apple is not safe from supply chain problems caused by the Corona virus. Apple also reported a cash dividend of $ 0.23 per share, up about 5 percent from the previous year. The management of this large technology company has also put the issue of licensing a $ 90 billion increase in the repurchase program of existing shares on its agenda. It should be noted that for this quarter, Apple reported revenue of $ 97.3 billion, an increase of about 9% over the same period last year. The company also reported net income of $ 25 billion and earnings per share of $ 1.52. All in all, the American tech giant earned the best second-quarter earnings in its company history thanks to the unparalleled performance of products like the iPhone.

BingMag.com <b>Apple's</b> <b>second</b> <b>quarter</b> <b>report</b> <b>2022</b> <b>indicates</b> <b>iPhone's</b> <b>record</b> breaking

Earlier, it was reported that Apple was increasing orders for the iPhone 13 Pro series due to high demand. In the first quarter of this year, Apple ordered the production of only one million iPhone 13 Pro. Meanwhile, for its most powerful smartphone, the iPhone 13 Pro Max, the number of orders was about 3.5 million units. With the start of the second quarter of 2022, however, the situation is slightly different. The company has increased production orders for the iPhone 13 Pro to 8 million units, and the Pro Max version has also seen an increase in production of 5.6 million units. It will not have an A16 chip

Source: Phonearena

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