Apples trends in sales and earnings from 2011 through 2022

mark's picture

Attached are Apple's sales and earnings trends.  

Points to be made:

  • Both sales and earnings are volatile
  • Their first quarter (Xmas) is always their biggest quarter.
  • After their first quarter, both sales and earnings have a tendency to drop off  during the remainder of their fiscal year.
  • 2021 Q1's EPS took a huge jump up from 2020 Q1's EPS, but 2022 didn't jump much over 2021's EPS

The question is "Will Q1 of 2023 show at least equal EPS over 2022's EPS or will it start to show a slowing of earnings?"

 

 

Copyright 2017 Mark T. McLaren