Categories AlphaGraphs, Earnings, Technology

AAPL Earnings: Apple Q2 revenue up 9%; profit beats Street view

Apple Inc. (NASDAQ: AAPL) on Thursday said its second-quarter revenue and earnings increased, mainly reflecting strong sales of iPhone and continued growth of the Services segment. The results also topped the market’s expectations.

Apple Q2 2022 earnings infographic

Second-quarter revenues of the Cupertino-based gadget giant rose 9% from last year to $97.3 billion, aided by a 5% increase in the sales of iPhone. The top-line beat the consensus estimates.

Apple iPhone quarterly revenue performance trend

In the March quarter, net profit moved up to $25.0 billion or $1.52 per share from $23.6 billion or $1.40 per share in the second quarter of 2021. It was above Wall Street’s expectations.

Check this space to read management/analysts’ comments on Apple’s Q2 2022 results

Apple’s stock has lost about 10% since the beginning of the year. It closed Thursday’s session higher and made further gains in the after-hours following the earnings announcement.

Prior Performance

  • Apple Q1 2022 earnings infographic
  • Apple Q4 2021 earnings infographic
  • Apple Q3 2021 earnings infographic


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