Apple announces Q4 2021 results

Apple announced its financial report for the fiscal fourth quarter of 2021 that ended on September 25, 2021. The company reported a September quarter revenue record of $83.4 billion, and net quarterly profit of $20.6 billion. This is a significant increase from the year-ago quarter which saw $64.7 billion in revenue and $12.7 billion in net quarterly profit.

“This year we launched our most powerful products ever, from M1-powered Macs to an iPhone 13 lineup that is setting a new standard for performance and empowering our customers to create and connect in new ways,” said Tim Cook, Apple’s CEO. “We are infusing our values into everything we make — moving closer to our 2030 goal of being carbon neutral up and down our supply chain and across the lifecycle of our products, and ever advancing our mission to build a more equitable future.”

Apple managed to deliver a very strong financial report despite the supply chain constraints. Apple’s board of directors has declared a cash dividend of $0.22 per share of Apple’s common stock. The dividend is payable on November 11, 2021. Like recent fiscal quarters, Apple isn’t issuing any guidance for the current quarter as well.