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Important
JULY 28, 2022 AT 08:30 PM

Apple Inc (AAPL) Q3 2022 (USD): EPS 1.20 (exp. 1.16), Revenue 82.96bln (exp. 82.81bln)

Source
SectionUS Equities
  • iPad: 7.22bln (exp. 6.94bln)
  • iPhone: 40.67bln (exp. 38.33bln)
  • Mac: 7.38bln (exp. 8.7bln)
  • Products revenue: 63.36bln (exp. 62.44bln).
  • Wearables, home and accessories 8.08bln (exp. 8.82bln).
  • Service revenue 19.60bln (exp. 19.75).
  • Greater China revenue 14.60bln, -1.1% Y/Y.

COMMENTARY:

  • CFO seeing no demand slowdown for iPhones.
  • Over 800mln paying subscribers now.
  • Expect 6% hit from FX in current Q.
  • Ad sales being hurt by economic environment in previous, and current Q.
  • Supply chain issues in June cost just under USD 4bln in sales.
  • Mac and iPad remain supply constrained.
  • Wearables, home products, and accessories seeing demand weakness due to economy.

Via Apple

Published: 07 / 28 / 2022 / 20:30Updated: 01 / 06 / 2024 / 13:13