Apple reports record quarterly revenue of $83.4 billion

Apple on Thursday reported results for its fiscal fourth quarter. The company posted record revenue for the quarter of $83.4 billion, up 29 percent over the year-ago quarter.

“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’s board of directors has declared a cash dividend of $0.22 per share of the Company’s common stock.

Apple reported iPhone revenue of $38.8 billion, up from the $26.4 billion reported in the year-ago quarter. Mac revenue was up slightly to $9.1 billion from $9 billion reported last year. iPad revenue was $8.2 billion, up from $6,7 billion last year. Wearables, Home and Accessories was $8.7 billion, up from $7.8 billion last year, and Services was up to $18.2 billion from $14.5 billion in the year-ago quarter.