earnings
confidence high
sentiment positive
materiality 0.85
Apple Q2 revenue $94.8B (-3% YoY), EPS $1.52 flat; Services record, iPhone March quarter record
Apple Inc.
2023-Q2 EPS reported
$3.41
revenue$211,990,000,000
- Revenue $94.8B, down 3% YoY; diluted EPS $1.52, unchanged YoY.
- Services revenue all-time high; iPhone March quarter record; active installed base all-time high.
- Board authorizes additional $90B share repurchase; dividend raised 4% to $0.24/share, payable May 18 to record May 15.
- Operating cash flow $28.6B; returned over $23B to shareholders during the quarter.
- Management cites challenging macro environment but improved business performance sequentially.