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Apple Inc. (AAPL) SEC Filing 10-Q Quarterly Report for the period ending Saturday, December 25, 2021

Apple Inc

CIK: 320193 Ticker: AAPL

Exhibit 99.1


Apple Reports First Quarter Results

Revenue up 11 percent to new all-time record

iPhone, Mac, Wearables, and Services revenue reach new all-time highs

CUPERTINO, California — January 27, 2022 — Apple
® today announced financial results for its fiscal 2022 first quarter ended December 25, 2021. The Company posted an all-time revenue record of $123.9 billion, up 11 percent year over year, and quarterly earnings per diluted share of $2.10.

“This quarter’s record results were made possible by our most innovative lineup of products and services ever,” said Tim Cook, Apple’s CEO. “We are gratified to see the response from customers around the world at a time when staying connected has never been more important. We are doing all we can to help build a better world — making progress toward our goal of becoming carbon neutral across our supply chain and products by 2030, and pushing forward with our work in education and racial equity and justice.”

“The very strong customer response to our recent launch of new products and services drove double-digit growth in revenue and earnings, and helped set an all-time high for our installed base of active devices,” said Luca Maestri, Apple’s CFO. “These record operating results allowed us to return nearly $27 billion to our shareholders during the quarter, as we maintain our target of reaching a net cash neutral position over time.”

Apple’s board of directors has declared a cash dividend of $0.22 per share of the Company’s common stock. The dividend is payable on February 10, 2022 to shareholders of record as of the close of business on February 7, 2022.

Apple will provide live streaming of its Q1 2022 financial results conference call beginning at 2:00 p.m. PT on January 27, 2022 at apple.com/investor/earnings-call. This webcast will also 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, January 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-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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

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Inside Apple Inc's 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Cover Page
Condensed Consolidated Balance Sheets (Unaudited)
Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical)
Condensed Consolidated Statements Of Cash Flows (Unaudited)
Condensed Consolidated Statements Of Comprehensive Income (Unaudited)
Condensed Consolidated Statements Of Operations (Unaudited)
Condensed Consolidated Statements Of Shareholders' Equity (Unaudited)
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 - Changes In Accrued Warranties And Related Costs (Details)
Condensed Consolidated Financial Statement Details
Condensed Consolidated Financial Statement Details (Tables)
Condensed Consolidated Financial Statement Details - Other Income/(Expense), Net (Details)
Condensed Consolidated Financial Statement Details - Other Non-Current Liabilities (Details)
Condensed Consolidated Financial Statement Details - Property, Plant And Equipment, Net (Details)
Debt
Debt (Tables)
Debt - Additional Information (Details)
Debt - Summary Of Cash Flows Associated With Commercial Paper (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 - Non-Current Marketable Debt Securities By Contractual Maturity (Details)
Financial Instruments - Notional Amounts Of Derivative Instruments (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 - Reconciliation Of Segment Operating Income To The Condensed Consolidated Statements Of Operations (Details)
Shareholders' Equity
Shareholders' Equity - Additional Information (Details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Computation Of Basic And Diluted Earnings Per Share (Details)

Material Contracts, Statements, Certifications & more

Apple Inc provided additional information to their SEC Filing as exhibits

Ticker: AAPL
CIK: 320193
Form Type: 10-Q Quarterly Report
Accession Number: 0000320193-22-000007
Submitted to the SEC: Thu Jan 27 2022 6:00:58 PM EST
Accepted by the SEC: Fri Jan 28 2022
Period: Saturday, December 25, 2021
Industry: Electronic Computers

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