Apple announced 2021 Q4 Financial Results on October 21

Apple (NASDAQ: AAPL) announced its 2021 Q4 financial results on October 28, 2021. According to the announcement, total net sales, operating income and net income were up 29%, 61% and 62%, respectively (YoY, 3 months). Diluted EPS was up 70%.

According to the Apple’s 2020 Q4 financial results, total net sales in 2020 Q4 were sluggish. It was partly due to the delay in launching new iPhone series. Considering these circumstances, the growth in the total net sales in this fiscal year is not evaluated to be good. However, operating income and net income showed good growth. It implies Apple’s efforts to streamline its business.

Looking at sales growth by region, Great China had the highest sales growth of up 83%. This was followed by up 26% in the Asia-Pacific other than Japan and China, and up 23% in Europe. By segments, iPhone’s sales grew the highest, up 47%, followed by the services of up 26%.

In recent years, Apple has been shifting from a business model relying on selling devices to that developing SaaS services. An increase in the ratio of service segment’s sales may  bring further improve of gross margin and operating margin.

Apple Inc. (NASDAQ: AAPL) Stock Chart

Important Notice 

  1. Watanabe & Brothers’ Investment is holding shares of Apple. 
  2. This report is provided solely for informational purpose and not intended for the purpose of soliciting investment in, or as a recommendation to purchase or sell any specific products. 
  3. Any opinions or statements expressed in this report are based on the author’s personal and subjective views, and are not the official views of the organization to which the author belongs.  In addition, although we have done our best efforts in making accurate assessments on the original financial statements, we cannot guarantee any complete accuracy of this report. We do not guarantee either that any future forecasts referred to in this report will certainly be realized. Investment in listed stocks, ETFs, etc. should be carried out under the responsibility of each investor, and even if the investor who read this report suffers a loss due to investment activities, Watanabe & Brothers’  Investment is not responsible for any liability.
  4. This report was originally prepared in English, and translated into the other languages with plugin utilizing Google Translation API. We hereby notify that the translations are provided only for the sake of reference, and any opinions or statements in this report should be interpreted in original English. We ask any investors reading this report to refer to the original financial statements issued by the company.
%d bloggers like this: