Apple earnings are out — here are the numbers

www.cnbc.com/2023/05/04/apple-aapl-earnings-report-q2-2023.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Apple reported earnings after the bell. Here are the results.

Earnings: $1.52 per share vs $1.43 per share expected, according to Refinitiv Revenue: $94.84 billion vs $92.96 billion expected, according to Refinitiv

Apple prepared investors for a down quarter in January. The company hasn’t provided formal guidance since 2020, but it gives analysts and investors a number of data points that can be used to roughly estimate its performance.

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Apple reported second-fiscal quarter earnings on Thursday that beat Wall Street’s soft expectations for sales and revenue, driven by stronger-than-anticipated iPhones sales.

However, Apple’s overall sales fell for the second quarter in a row.

“It was quite a good quarter from an iPhone point of view, particularly relative to the market when you look at the market stats,” Cook told CNBC’s Steve Kovach.

 

h/t cryptometav

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