The last quarter of the year is the most important quarter for Apple. The company introduces its products every year in September…
The last quarter of the year is the most important quarter for Apple. The company introduces its products every year in September, and usually sales begin in the fourth quarter. The 2021 reportof the year’s highest revenue-generated time was expected by enthusiasts and investors. The revenue of the company, which managed to distribute its new generation products almost smoothly, reached a record high.
Apple’s estimated revenue in the fourth quarter
Apple generated $122 billion in revenue in the fourth quarter, according to estimates. Although this data has not yet been finalized, this is morgan stanley’s analysis and expectation. Wall Street estimates that the 3 percent surplus may be due to the interest the iPhone 13is getting in China. Some experts are optimistic about this issue and rely almost seamlessly on iPhone 13 distributions. If$ 122 billion in revenue is announced, as expected, it would be a record based on quarterly revenues.
According to the same source’s analysis, 83 million iPhones were sold in December. Another 55 million iPhones are projected to be sold in the first quarter of 2022. Assuming Apple generated $122 billion in revenue in the fourth quarter, we can say that it is up 21 percent from the previous period. With these rises, earnings per share were reported to be $1.97.
iPad sales were lower than expected. Although there is a belief that 17 million iPads will be sold in the fourth quarter, the latest report has reduced that estimate to 14.9 million. This may not stand out much when we consider the return that iPhone and other devices provide. But it’s disappointing for some to talk about a decline, even though Apple has added new members to its iPad family in 2021.
Eyes on the second quarter
March and April, also known as the spring semester, are also of great importance to Apple. We expect to see the third generation of the iPhone SE in March or April of this year. This device is eagerly awaited by those who want to see an affordable iPhone. Therefore, we can say that the second quarter of 2022 will be lively.
Of course, products promoted or sold are not the only factors affecting revenue. Apple also generates huge revenues from its software, and sometimes very small details can put billions into the company’s coffers.