Shulou(Shulou.com)11/24 Report--

CTOnews.com April 6, Apple announced today that it will release its results for the second quarter of fiscal year 2023 ending March 2022 after the close of U.S. stocks on May 5, Beijing time (May 4, EDT). After the results are released, Apple will hold an earnings call at 5 a.m. to interpret the results and answer questions from analysts.

At that time, the investor relations channel on Apple's website will broadcast the conference call live, with the CTOnews.com attached to Apple's live URL.

Sales fell in all product categories except services and iPad in the first quarter of 2023. Specifically, apple's total net sales in the first quarter were $117.154 billion, down 5% from a year earlier, and net profit was $29.998 billion, down 13% from a year earlier. Of this total, net sales of the iPhone business were $65.775 billion, down 8 per cent from $71.628 billion a year earlier.

It is understood that this is Apple's first year-on-year decline in revenue since 2019, less than the $68.3 billion previously expected by analysts. Mac's revenue is $7.74 billion and the market is expected to be $9.72 billion, down 29% from a year earlier. Of this total, net sales in the wearable, home and accessories business were $13.482 billion in the first quarter, down 8 per cent from $14.701 billion a year earlier. In addition, iPad's revenue is $9.4 billion and the market is expected to be $7.78 billion, up 30% from a year earlier; service revenue is $20.77 billion and the market is expected to be $20.47 billion, up 6.4% from a year earlier.

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