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Apple reports Q3 2023 results: $19.9 billion profit on revenue of $81.8 billion

Apple reports Q3 2023 results: .9 billion profit on revenue of .8 billion

Apple today announced its financial results for its third fiscal quarter of 2023, which corresponds to the second calendar quarter of this year.

Apple announced its financial results for the third fiscal quarter of 2023, which corresponds to the second calendar quarter of this year.

Apple reported revenue of $81.8 billion and net quarterly earnings of — $19.9 billion, or $1.26 per diluted share, compared to revenue of $83.0 billion and net quarterly earnings of $19.4 billion, or $1.20 per diluted share, in the year-ago quarter.

Apple’s quarterly earnings were $81.8 billion and net quarterly earnings of — $19.9 billion, or $1.26 per diluted share, compared to revenue of $83.0 billion and net quarterly earnings of $19.4 billion, or $1.20 per diluted share, in the year-ago quarter.

Apple reports Q3 2023 results: $19.9 billion profit on $81.8 billion revenue (aapl 3q23 line)

Gross margin for the quarter was 44.5%, up from 43.3% in the year-ago quarter. Apple also announced a quarterly dividend of $0.24 per share, which will be paid on August 17 to shareholders of record as of August 14.

Apple also announced a quarterly dividend of $0.24 per share, which will be paid on August 17 to shareholders of record as of August 14.

«We’re pleased to report record services revenue in the June quarter, driven by more than 1 billion paid subscriptions and continued growth in emerging markets driven by strong iPhone sales» —said Tim Cook, Apple CEO. «From education to the environment — we continue to advance our values by championing innovations that enrich our customers’ lives and make the world a better place than we found it».

Apple CEO Tim Cook said.

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Apple reports Q3 2023 results: $19.9 billion profit on $81.8 billion revenue (aapl 3q23 pie)

As has been the case for more than three years, Apple is once again not releasing projections for the current quarter ending in September.

Apple has not released its forecasts for the current quarter, which ends in September.

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