{"id":40257,"date":"2023-08-04T13:32:10","date_gmt":"2023-08-04T17:32:10","guid":{"rendered":"https:\/\/mjtsai.com\/blog\/?p=40257"},"modified":"2023-08-11T09:21:11","modified_gmt":"2023-08-11T13:21:11","slug":"apples-q3-2023-results","status":"publish","type":"post","link":"https:\/\/mjtsai.com\/blog\/2023\/08\/04\/apples-q3-2023-results\/","title":{"rendered":"Apple’s Q3 2023 Results"},"content":{"rendered":"

Apple<\/a> (transcript<\/a>, Hacker News<\/a>, MacRumors<\/a>):<\/p>\n

\n

The Company posted quarterly revenue of $81.8 billion, down 1 percent year over year, and quarterly earnings per diluted share of $1.26, up 5 percent year over year.<\/p>\n

“We are happy to report that we had an all-<\/a>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 Tim Cook, Apple’s CEO.<\/p>\n<\/blockquote>\n\n

Jason Snell<\/a>:<\/p>\n

The three key hardware categories were all down year-over-year: Mac was down 7%, iPad was down 20%, and the all-important iPhone was down 2%. Things were a little different in the two portions of Apple’s business that have shown indefatigable growth in recent years: Services revenue was up 8% and the Wearables, Home, and Accessories category was up 2%.<\/p><\/blockquote>\n\n

Previously:<\/p>\n