The balance sheets of Apple, Amazon and Alphabet 2022 for the October-December period were announced.
According to the statement made by Apple, the sales of the company, which considered the October-December period of last year as the first quarter in its balance sheet, decreased by 5 percent compared to the same period of the previous year and fell to 117.2 billion dollars. The company had revenue of $123.9 billion in the one-to-one period of 2021.
Thus, Apple experienced a year-on-year decline in sales for the first time since 2019. In line with the market expectations, the company’s revenue of 121.1 billion dollars underleft.
Apple’s net profit, on the other hand, decreased by 13 percent in the October-December period of 2022 compared to the same period of the previous year and fell to 30 billion dollars. The company’s net profit was recorded as $34.6 billion in the one-to-one period of 2021.
The company’s earnings per share also fell from $2.10 to $1.88 in the period in question.
– iPhone and Mac sales decreased, iPad sales increased
In this period, while Apple’s smartphone and computer sales decreased, tablet sales increased.
The amount of iPhone sales decreased by 8 percent in the October-December period of last year compared to the same period of the previous year, and decreased to 65.8 billion dollars.
In the same period, Mac sales fell 29 percent to $7.7 billion, while iPad sales increased 30 percent to $9.4 billion.
On the other hand, Apple Chief Executive (CEO), Tim Cook, in an interview with CNBC, stated that the company’s financial results were affected by the strong dollar, the overall macroeconomic environment, with the Kovid-19 restrictions in China affecting iPhone 14 Pro and iPhone 14 Pro Max production.
Amazon’s sales exceeded expectations
American e-commerce giant Amazon’s sales exceeded market expectations in the last quarter of last year.
According to the statement made by the company, Amazon’s revenue in the 4th quarter of last year increased by 9 percent compared to the same period of the previous year and reached 149.2 billion dollars. The company’s sales in the last quarter of 2021 were recorded as 137.4 billion dollars.
The firm’s sales in the last quarter of last year exceeded market expectations of $145.4 billion.
Amazon’s sales rose to $514 billion in 2022, an increase of 9 percent compared to the previous year. The firm’s sales were estimated at $469.8 billion in 2021.
The net profit of the company was recorded as 300 million dollars in the period in question. Amazon’s net profit in the fourth quarter of 2021 was $14.3 billion.
The e-commerce giant reported a loss of $2.7 billion in 2022. Amazon made a profit of $33.4 billion in 2021.
The company’s profit per share, which was $1.39 in the 4th quarter of 2021, decreased to 3 cents in the same period last year.
Alphabet’s revenue failed to meet expectations
Google’s parent company Alphabet also increased its revenue in the last quarter of last year, while its profits fell.
According to the statement made by the company, Alphabet’s revenue in the 4th quarter of last year increased by 1 percent compared to the same period of the previous year, reaching $ 76.1 billion. The company announced revenue of $ 75.3 billion in the October-December period of 2021.
Alphabet’s revenue fell short of market expectations of $76.5 billion despite the limited increase in the period in question.
The company’s revenue reached $282.8 billion in 2022, an increase of 10 percent compared to the previous year. Alphabet’s revenue was estimated at $257.6 billion in 2021.
Alphabet’s net profit, on the other hand, fell to $13.6 billion in the last quarter of last year, down 34 percent from the same period of the previous year. The company had a net profit of $20.6 billion in the fourth quarter of 2021.
The company’s net profit in 2022 was $59.9 billion. The company reported a profit of $76 billion in 2021.
Alphabet’s earnings per share, which was $1.53 in the fourth quarter of 2021, also decreased to $1.05 in the same period last year.
