Apple closed the third quarter of fiscal year 2023 (ended July 1, 2023) with a sales of $81.8 billion, down 1% year over year, but higher than analysts’ estimate of $81.69 billion. The useful per share were $1.26, up 5% year over year and higher than analysts’ estimate of $1.1. The iPhone sales for the quarter, they were $39.67 billion, slightly below analysts’ estimate of $39.91 billion.
“We are pleased to announce that we have registered a all-time revenue record in services during the June quarter, driven by more than 1 billion paid subscriptions, and we saw continued strength in emerging markets due to robust iPhone sales,” he said Tim Cook, CEO of Apple.
“Our year-over-year business performance in the June quarter improved over the March quarter, and our installed base of active devices reached an all-time high in every geographic segment,” he said. Luca Masters, CFO of Apple – During the quarter, we generated a very strong operating cash flow of $26 billion, returned over $24 billion to our shareholders, and continued to invest in our long-term growth plans.”
Apple’s board of directors said a cash dividend of $0.24 per share of the company’s common stock. The dividend is payable on August 17, 2023 to shareholders of record as of the close of business on August 14, 2023. (Teleborsa)
The article Apple, the quarterly is above expectations, but disappointing the iPhone comes from Truth and Business.
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The CFO of Apple is Luca *Maestri*. It’s not standard to translate surnames.