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

CTOnews.com, Aug. 4-Apple today released its latest results for its fiscal third quarter (second quarter of 2023), reporting total revenue of $81.79 billion (CTOnews.com Note: currently about 588.07 billion yuan), down 1 percent from a year earlier, and earnings per share of $1.26. Profit for the quarter was $19.88 billion (currently about 142.937 billion yuan), up 5 percent from a year earlier.

The gross profit margin for the quarter was 44.5%, compared with 43.3% in the same period last year. Apple also announced that it would pay a quarterly dividend of $0.24 per share to shareholders as of August 14 on Aug. 17.

Apple, as in the past, did not report product sales in its earnings data. CTOnews.com quoted US technology media 9to5Mac as saying that analysts expect Apple's product sales in the third quarter of fiscal 2023 to be as follows:

IPhone:396.7 billion (previously estimated at $39.9 billion), compared with $40.67 billion in the same period last year

Mac:68.4 billion (previously estimated at $6.6 billion), compared with $7.38 billion in the same period last year

IPad:57.9 billion (estimated at $6.4 billion), compared with $7.22 billion in the same period last year

Wearable equipment, home and accessories: $8.28 billion (estimated at $8.4 billion), compared with $8.08 billion in the same period last year

Service business: $21.21 billion (estimated at $20.8 billion), compared with $19.6 billion in the same period last year.

Apple CEO Tim Cook (Tim Cook) said of the company's earnings in the third quarter of 2023:

Our services revenue hit a record high in the second quarter of this year, driven by more than 1 billion paid subscribers, while iPhone's continued strong sales in emerging markets further boosted iPhone's expansion.

From education to the environment, we will continue to advance our values while supporting innovation, enriching our customers' lives, and making the world a better place than we find.

Apple CFO Luca Maestri said:

Compared with the first quarter of this year, business performance improved in the second quarter of this year, and our installation of active devices reached an all-time high in each geographic region.

During the quarter, we generated a very strong operating cash flow of $26 billion, returned more than $24 billion to shareholders, and continued to invest in our long-term growth plan.

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