Editing Apple Inc. (section)

=== A Year of Resilience and Innovation   ===

In 2022, Apple Inc. reaffirmed its position as a global tech titan, delivering exceptional financial performance and pushing the boundaries of innovation. The year began with a record-breaking first quarter, as the company reported $123.9 billion in revenue, an 11% year-over-year increase<ref>{{cite web |url=https://www.apple.com/newsroom/2022/01/apple-reports-first-quarter-results/ |quote=Apple Inc. achieved a record revenue of $123.9 billion in Q1 2022, an 11% year-over-year increase. }}</ref>, and earnings per diluted share of $2.10. With a market capitalisation hovering around $3 trillion, Apple cemented its status as one of the world’s most valuable companies. Its product portfolio saw significant updates, including new iPhone models, the revolutionary M1 Ultra chip, refreshed Macs, and three new iPad types<ref>{{cite web |url=https://9techeleven.com/blog/2023/1/2/every-apple-product-released-in-2022 |quote=Apple launched several new products in 2022, including new iPhones, the M1 Ultra chip, Macs, and three new iPad types. }}</ref>. These launches not only reinforced Apple’s reputation for cutting-edge technology but also strengthened its ecosystem, a cornerstone of its competitive advantage. The iPhone dominated the premium smartphone market with a 62% share<ref>{{cite web |url=https://www.investopedia.com/articles/stocks/12/history-apple-stock-increases.asp |quote=The iPhone held 62% of the global market share for smartphones priced over $400 in early 2022. }}</ref>, while over a billion users worldwide relied on Apple devices<ref>{{cite web |url=https://www.investing.com/academy/statistics/apple-facts/ |quote=Over a billion people worldwide used iPhones at the start of 2022. }}</ref>, underscoring the brand’s global reach and customer loyalty.