Apple has just reported its quarterly results for its fiscal second quarter. Apple shares its economic condition every 3 months. Already Apple reported quarterly reports which ended on March 26, 2022. However, it’s good news for the Cupertino company.
Apple’s revenue was $97.3 billion at that time which increase up to 9% over the year. That’s why in quarterly earnings of $1.52 per share. If you are an owner of Apple shares should care about it. It’s also important for the to shareholders note that Apple’s board of directors has declared a cash dividend of $0.23 per share of common stock. Apple assured that this will be payable on May 12 to those who owned shares as of May 9.
Tim Cook was amazed by this news. He claimed that “This quarter’s record results are a testament to Apple’s relentless focus on innovation and our ability to create the best products and services in the world.
The CFO of Apple Luca Maestri revealed that the Services division of the company set an all-time revenue record this quarter. Though iPhones, Macs, wearables, home products, and accessories were all record-breaking too, but only compared to any other March quarter. That’s why the fiscal result had increased in total.