Quarterly net income of Apple Inc 2020-2022.
Amounts are in millions.
|Fy/Quarter||Net income (millions)|
In the first quarter of 2022, Apple experienced solid growth in its net sales and net income driven by growth in the sales of iPhones, services and Mac compared to the same quarter of last year.
Apple experienced 20% growth in its net income in the first quarter of 2022 compared to the same quarter of last year. Its net income jumped to $34,630 million in 2022 q1 compared to $28,755 million in q1 of 2021.
Its net sales also grew more than 10% in q1 of 2022 compared to 2021 first quarter. Its net sales remained $123,945 million in the first quarter of 2022 compared to $111,439 million in the same quarter of the previous year driven by solid growth in sales of both products and services.
Apple's earnings per share (EPS diluted) remained $2.10 in q1 2022 compared to $1.68 during the same quarter of 2021.