from Hacker News

Apple Reports Second Quarter Results

by Bahamut on 4/28/22, 8:33 PM with 158 comments

  • by spaceisballer on 4/28/22, 10:13 PM

    I’m not surprised that the iPad has a decline. My son has a few year old 9.7” iPad and it works great still. Consume media very easily and even have games. I can notice the difference between it and my 2018 iPad Pro but I could see people are just not going buy new ones every year or two. I’d like the M1 iPad Pro but it’s not worth the jump in price.
  • by outside1234 on 4/28/22, 9:20 PM

    Mac was the fastest growing hardware product too

    (ref: https://www.cnbc.com/2022/04/28/apple-aapl-earnings-q2-2022....)

  • by malshe on 4/29/22, 1:03 AM

    Btw, the repurchase program just got way bigger:

    > The board of directors has also authorized an increase of $90 billion to the existing share repurchase program.

  • by candiddevmike on 4/28/22, 9:05 PM

    Is the "Services" category under Net Sales where they're sticking the app store/B2B service revenue (ads, payments)?
  • by didip on 4/28/22, 9:47 PM

    And yet, the stock goes down. Market expectation is truly unpredictable. FB missed revenue expectation and went up.
  • by malshe on 4/29/22, 1:00 AM

    Net sales: $97 billion

    Operating income: $30 billion

    Net income: $25 billion

    Net sales by category in millions -

    iPhone : $50,570

    Mac: $10,435

    iPad: $7,646

    Wearables, Home and Accessories: $8,806

    Services: $19,821

  • by olliej on 4/28/22, 10:51 PM

    "Apple Reports Second Quarter Results Revenue up 9 percent to new March quarter record

    Services revenue reaches new all-time high"

    For anyone like me who didn't want to actually have to go a read them :D

    Revenue: B$97.3, up 9% EPS: $1.52 Operating Cashflow: B$28 Returned B$27 to shareholder (buybacks, dividends I assume?)

    Ah:

    Divided: $0.23/share Share pepurchase fund increase: B$90

  • by floatinglotus on 4/29/22, 2:41 AM

    These earnings are insane! Check out the P/E of the stock tomorrow even after it goes up at the open, the stock is still a steal at this price.
  • by deathanatos on 4/28/22, 9:12 PM

    > its fiscal 2022 second quarter ended March 26, 2022.

    Apple's 2022Q1 is completely in 2021?

  • by lvl102 on 4/28/22, 8:56 PM

    I am simply amazed by how much money this company makes. Nice boost to Mac business with the new Macbook Pros selling like hotcakes and OOS constantly.
  • by usaphp on 4/28/22, 9:04 PM

    I've ordered a new macbook 14" in early March, my delivery date slipped twice already, now it says it's going to be delivered in July. I wonder how much more money would they make if not for supply issues.
  • by galogon on 4/28/22, 8:35 PM

    The Watch, Mac and iPhone are doing great but the iPad lacks ambition and doesn't seem to have a direction. Who is in charge of the iPad division at Apple?
  • by changoplatanero on 4/28/22, 8:48 PM

    What an amazing company!