Last10K.com

Apple Inc. (AAPL) SEC Filing 10-K Annual Report for the fiscal year ending Saturday, September 24, 2022

SEC Filings

AAPL Annual Reports

Apple Inc

CIK: 1502756 Ticker: AAPL

Exhibit 99.1


Apple Reports Fourth Quarter Results

September quarter record for Revenue and EPS

Active installed base of devices reaches all-time high for all major product categories

CUPERTINO, California — October 27, 2022 — Apple
® today announced financial results for its fiscal 2022 fourth quarter ended September 24, 2022. The Company posted a September quarter record revenue of $90.1 billion, up 8 percent year over year, and quarterly earnings per diluted share of $1.29, up 4 percent year over year. Annual revenue was $394.3 billion, up 8 percent year over year, and annual earnings per diluted share were $6.11, up 9 percent year over year.

“This quarter’s results reflect Apple’s commitment to our customers, to the pursuit of innovation, and to leaving the world better than we found it,” said Tim Cook, Apple’s CEO. “As we head into the holiday season with our most powerful lineup ever, we are leading with our values in every action we take and every decision we make. We are deeply committed to protecting the environment, to securing user privacy, to strengthening accessibility, and to creating products and services that can unlock humanity’s full creative potential.”

“Our record September quarter results continue to demonstrate our ability to execute effectively in spite of a challenging and volatile macroeconomic backdrop,” said Luca Maestri, Apple’s CFO. “We continued to invest in our long-term growth plans, generated over $24 billion in operating cash flow, and returned over $29 billion to our shareholders during the quarter. The strength of our ecosystem, unmatched customer loyalty, and record sales spurred our active installed base of devices to a new all-time high. This quarter capped another record-breaking year for Apple, with revenue growing over $28 billion and operating cash flow up $18 billion versus last year.”

Apple’s board of directors has declared a cash dividend of $0.23 per share of the Company’s common stock. The dividend is payable on November 10, 2022 to shareholders of record as of the close of business on November 7, 2022.

Apple will provide live streaming of its Q4 2022 financial results conference call beginning at 2:00 p.m. PT on October 27, 2022 at apple.com/investor/earnings-call. This webcast will be available for replay for approximately two weeks thereafter.

Apple periodically provides information for investors on its corporate website, apple.com, and its investor relations website, investor.apple.com. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance, and details related to its annual meeting of shareholders.


The following information was filed by Apple Inc (AAPL) on Thursday, October 27, 2022 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Apple Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Apple Inc.

Continue

Assess how Apple Inc's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Apple Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2022 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Rating

Learn More
Bullish Bearish Neutral
Filter Sentiment:
All
Positive
Negative
Filter Category:
All
Financial
Revenue
Legal
Other
Filter Subcategory:
All
Earnings
Dividend
Product
Geography
Expense
Debt
Income
Other
Inside Apple Inc's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Auditor Information
Cover Page
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Operations
Consolidated Statements Of Shareholders' Equity
Benefit Plans
Benefit Plans (Tables)
Benefit Plans - Additional Information (Details)
Benefit Plans - Restricted Stock Units Activity And Related Information (Details)
Benefit Plans - Summary Of Share-Based Compensation Expense And The Related Income Tax Benefit (Details)
Commitments And Contingencies
Commitments And Contingencies (Tables)
Commitments And Contingencies - Future Payments Under Unconditional Purchase Obligations (Details)
Consolidated Financial Statement Details
Consolidated Financial Statement Details (Tables)
Consolidated Financial Statement Details - Other Income/(Expense), Net (Details)
Consolidated Financial Statement Details - Other Non-Current Liabilities (Details)
Consolidated Financial Statement Details - Property, Plant And Equipment, Net (Details)
Debt
Debt (Tables)
Debt - Additional Information (Details)
Debt - Future Principal Payments For Term Debt (Details)
Debt - Summary Of Cash Flows Associated With Commercial Paper (Details)
Debt - Summary Of Term Debt (Details)
Financial Instruments
Financial Instruments (Tables)
Financial Instruments - Additional Information (Details)
Financial Instruments - Cash, Cash Equivalents And Marketable Securities (Details)
Financial Instruments - Derivative Instruments Designated As Fair Value Hedges And Related Hedged Items (Details)
Financial Instruments - Gross Fair Values Of Derivative Assets And Liabilities (Details)
Financial Instruments - Non-Current Marketable Debt Securities By Contractual Maturity (Details)
Financial Instruments - Notional Amounts Associated With Derivative Instruments (Details)
Income Taxes
Income Taxes (Tables)
Income Taxes - Additional Information (Details)
Income Taxes - Aggregate Changes In Gross Unrecognized Tax Benefits (Details)
Income Taxes - Provision For Income Taxes (Details)
Income Taxes - Reconciliation Of Provision For Income Taxes To Amount Computed By Applying The Statutory Federal Income Tax Rate To Income Before Provision For Income Taxes (Details)
Income Taxes - Significant Components Of Deferred Tax Assets And Liabilities (Details)
Leases
Leases (Tables)
Leases - Additional Information (Details)
Leases - Lease Liability Maturities (Details)
Leases - Rou Assets And Lease Liabilities (Details)
Revenue
Revenue (Tables)
Revenue - Additional Information (Details)
Revenue - Deferred Revenue, Expected Timing Of Realization (Details)
Revenue - Net Sales Disaggregated By Significant Products And Services (Details)
Segment Information And Geographic Data
Segment Information And Geographic Data (Tables)
Segment Information And Geographic Data - Information By Reportable Segment (Details)
Segment Information And Geographic Data - Long-Lived Assets (Details)
Segment Information And Geographic Data - Net Sales (Details)
Segment Information And Geographic Data - Reconciliation Of Segment Operating Income To The Consolidated Statements Of Operations (Details)
Shareholders' Equity
Shareholders' Equity (Tables)
Shareholders' Equity - Additional Information (Details)
Shareholders' Equity - Shares Of Common Stock (Details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Additional Information (Details)
Summary Of Significant Accounting Policies - Computation Of Basic And Diluted Earnings Per Share (Details)
Ticker: AAPL
CIK: 320193
Form Type: 10-K Annual Report
Accession Number: 0000320193-22-000108
Submitted to the SEC: Thu Oct 27 2022 6:01:14 PM EST
Accepted by the SEC: Fri Oct 28 2022
Period: Saturday, September 24, 2022
Industry: Electronic Computers

External Resources:
Stock Quote
Social Media
SEC.gov

Bookmark the Permalink:
https://last10k.com/sec-filings/aapl/0000320193-22-000108.htm