Categories AlphaGraphs, Earnings, Technology
AAPL Earnings: Apple Q3 2023 results beat estimates; sales decline
Gadget giant Apple Inc. (NASDAQ: AAPL) on Thursday said its third-quarter 2023 sales declined modestly from last year. The results came in above the market’s projections.
Net sales of the Cupertino-based tech firm dropped 1% year-over-year to $81.8 billion in the June quarter. Analysts were looking for a slightly bigger decline.
Net profit was $19.88 billion or $1.26 per share in the third quarter, compared to $19.44 billion or $1.20 per share in the corresponding period of 2022. Earnings topped expectations.
“We are happy to report that we had an all-time revenue record in Services during the June quarter, driven by over 1 billion paid subscriptions, and we saw continued strength in emerging markets thanks to robust sales of iPhone,” said Apple’s CEO Tim Cook.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
