earnings
confidence high
sentiment negative
materiality 0.75
Apple Q1 revenue falls 5% to $117.2B; Services hits record $20.8B
Apple Inc.
2023-Q1 EPS reported
$1.88
revenue$117,154,000,000
- Diluted EPS of $1.88; revenue $117.2B, down 5% YoY.
- Services all-time revenue record of $20.8B; installed base crosses 2B active devices.
- Operating cash flow $34B; returned over $25B to shareholders in the quarter.
- Dividend declared $0.23/share, payable Feb 16, 2023 to holders of record Feb 13.
- CEO cites challenging macroeconomic environment and significant supply constraints.