Categories AlphaGraphs, Earnings, Technology
Apple (AAPL) Q4 2023 earnings rise and beat Street View; iPhone sales rise
Gadget giant Apple Inc. (NASDAQ: AAPL) reported stronger-than-expected profit for the fourth quarter of 2023. Earnings of the Cupertino-based tech firm increased year-over-year.
Net sales edged down to $89.5 billion in the September quarter from $90.1 billion last year. However, the top line came in above consensus estimates. iPhone sales rose 2.8% annually to $43.8 billion.
Net profit was $22.9 billion or $1.46 per share in the fourth quarter, compared to $20.7 billion or $1.29 per share in the corresponding period of 2022. Earnings topped expectations.
Commenting on the results, Apple’s CEO Tim Cook said, “We now have our strongest lineup of products ever heading into the holiday season, including the iPhone 15 lineup and our first carbon-neutral Apple Watch models, a major milestone in our efforts to make all Apple products carbon neutral by 2030.”
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from Shopify’s (SHOP) Q1 2024 earnings results
Shopify Inc. (NYSE: SHOP) reported first quarter 2024 earnings results today. Revenue increased 23% to $1.9 billion compared to the prior-year period. Gross Merchandise Volume (GMV) increased 23% year-over-year to
EA Earnings: Electronic Arts reports lower revenues for Q4 2024
Video game publisher Electronic Arts (NASDAQ: EA) Tuesday reported a decline in revenues for the fourth quarter of 2024. Meanwhile, the top line came in slightly above analysts' estimates. Fourth-quarter
What to look for when Home Depot (HD) reports Q1 2024 earnings
Shares of The Home Depot (NYSE: HD) stayed red on Tuesday. The stock has gained 17% over the past 12 months. The home improvement retailer is scheduled to report its
