How to calculate MoM, QoQ, YOY respectively?
The month-on-month calculation method is:
Month-on-month growth percentage = (this month’s value – last month’s value) ➗ last month’s value x 100%
The calculation method for quarterly comparison is:
Month-over-month growth percentage = (this quarter’s value – last quarter’s value) ➗ last quarter’s value x 100%
The year-on-year calculation method is:
Year-over-year growth percentage = (value for a specific time period this year – value for the same time period last year) ➗ value for the same time period last year x 100%
Quarter-on-quarter, Apple’s net income in the first quarter of 2022 decreased. This may be related to various holidays in the fourth quarter, such as Black Friday and Christmas. The change rate of 27.78% shows that Apple achieved good sales in the big promotion activities in 2021.
According to the year-on-year analysis, the net income amount increased in the first quarter of 2022. This shows that Apple’s sales capacity has increased in a similar sales environment.
For investors, although the sequential growth rate declined in the first quarter, overall, Apple’s profitability is still increasing. At the same time, since Apple is a mature large company, it can still be considered in one’s portfolio.
