The incredible performance comes down to AppleРІР‚в„ўs nail-on-the-head new product launches.' Apple fundamental analysis: sales figures That is hard to do when the world is normal, let alone today. Every single geography and product category has set a record. Despite enormous macroeconomic pressure, itРІР‚в„ўs delivered a fourth quarter of record growth. Sophie Lund-Yates, equity analyst at financial services company, Hargreaves Lansdown, said: This figure is made up of $63.9bn from products and $17.4bn in services.Р’В Operating income rose 84% to $24.1bn, while the net income figure came in at $21.7bn РІР‚вЂњ 93% up on the $11.3bn figure for the same period in 2020. In the previous quarterР’В the companyРІР‚в„ўs total net sales were reported to have increased 36% to a record $81.4bn. In particular, Ives said the supply-chain bottlenecks had РІР‚Сљcrashed the iPhone 13 party this quarter and will be an overhang in the (next) quarterРІР‚Сњ, adding the impact was РІР‚СљtransitoryРІР‚Сњ and doesnРІР‚в„ўt affect WedbushРІР‚в„ўs bullish view on Apple and his belief that the company is on track to realise a $3trn market capitalisation in 2022. Basic earnings per share of $1.24 were on par with the expectations of analysts polled by Dow Jones.Р”Р„pple CEO Tim Cook said supply chain constraints had cost Apple $6bn worth of sales in this quarter, with shippers struggling to get Apple computers, mobile phones and other devices into the hands of consumers. Operating expenses increased 14.9%, and operating profit rose to $23.8bn, compared with $14.8bn this time last year. This revenue number inclduesР’В a 29.8% rise in product sales to $65.1bn, while services made up $18.3bn and rose 25.6%. In a research note that Ives provided to, he wrote that Wall Street was expecting Apple to generate revenue of $85bn. The most recently released Apple quarterly results, which cover the third quarter ending 25 September 2021, reveal Apple reported sales had risenР’В 28.8% to $83.4b to create a new fourth-quarter record РІР‚вЂњ though it missed Wall Street expectations, according to Wedbush analyst Daniel Ives. Apple earnings report: is the company performing well?

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