Apple Q4 ’22 financial results

Sales down 5% YoY, EPS down 10.9%. Mac sales see biggest drop.

Andy Patrizio

Apple is the latest tech firm to report a miss with its earnings for Q4 2022, with one of the company’s poorest performance quarters in recent years. It was the company’s first decline year over year since 2019 and its biggest decline since 2016. Still, a bad quarter for Apple is much better than it is for most. For the quarter ended December 31, 2022, Apple reported revenue of $117.15 billion, a 5% drop versus $123.9 billion in the same period last year and below the $121.10 billion Wall Street was projecting. Apple’s revenue and profit over time. (Source: JPR/Apple)

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