At the Q1, 2022 earnings conference, Apple’s CEO Tim Cook shared that the company now has more than 1.8 billion active devices, worldwide which is a new record. The numbers include iPhone, iPad, Mac, Apple Watch, iPod, iPod touch, and Apple TV models.
In January 2021, Apple reported 1.65 billion active devices and in January 2020, the company reported 1.5 billion active devices. During the 2021 Holiday season, the company has reportedly sold 40 million iPhone units in China alone. And Apple’s innovative product lineup resulted in a successful Q1, 2022 with $124 billion in revenue accounting for 11% growth for the same quarter the previous year.
Apple devices see growth in emerging and developed markets
Without giving a breakdown of numbers per device, Mr. Cook said that Apple’s products performed well in both emerging and developing markets.
And we are pleased to see that our active install base of devices is now at a new record with more than 1.8 billion devices. We set all time records for both developed and emerging markets and saw revenue growth across all of our product categories except for iPad, which we said would be supply constrained.
The company’s CFO Luca Maestri elaborated that customer loyalty, and their strong ecosystem paved the way for achieving the 1.8 billion active devices mark.
The strong level of sales performance, the unmatched loyalty of our customers, and the strength of our ecosystem have driven our current installed base of active devices to a new all time record of 1.8 billion devices.
The growth in the installed base was broad based as we set all time records in each major product category and in each of that segment.
Mr. Cook accredits the company’s success to innovative products which it was able to deliver in spite of supply chain difficulties. Since 2020, Apple has been facing supply constraint issues due to the global chip crisis like the rest of the tech industry. The company reported a $6 billion loss in Q4, 2021, and an even greater loss in revenue for Q1, 2022 (October-December 2021).
Having said that, in an interview, Mr.Cook also expressed that the supply constraints will ease for the company by March. The tech giant is expected to launch the next-generation iPhone SE, MacBook Air, and a new 27-inch iMac in spring.
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