Loading...
•
Dec 31, 2022
Apple Q1 2023 Earnings Report
Apple's Q1 2023 earnings were released, revealing a slight decrease in revenue compared to the previous year, while the installed base reached a new milestone of over 2 billion active devices.
Key Takeaways
Apple reported Q1 2023 revenue of $117.2 billion, a 5% decrease year-over-year, with earnings per diluted share of $1.88. The Services business set a new all-time revenue record of $20.8 billion. The company generated $34 billion in operating cash flow and returned over $25 billion to shareholders.
Quarterly revenue was $117.2 billion, down 5 percent year over year.
Quarterly earnings per diluted share were $1.88.
Services business achieved an all-time revenue record of $20.8 billion.
Installed base crossed 2 billion active devices, reaching an all-time high.
Apple
Apple
Apple Revenue by Segment
Apple Revenue by Geographic Location
Revenue by Segment
Services Revenue
CapyFin.comiPhone Revenue
CapyFin.comMac Revenue
CapyFin.comiPad Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.comEurope Revenue
CapyFin.comJapan Revenue
CapyFin.com Forward Guidance
The press release contains forward-looking statements regarding the payment of the Company’s quarterly dividend, its installed base growth, and its long-term plans.
Positive Outlook
- Payment of the Company’s quarterly dividend
- Installed base growth
- Long-term plans
- Leading with values
- Best lineup of products and services ever
Challenges Ahead
- Effects of global and regional economic conditions
- Risks relating to the design, manufacture, introduction, and transition of products and services in highly competitive and rapidly changing markets
- Risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data
- Effects of unfavorable legal proceedings, government investigations, and complex and changing laws and regulations.
- Reliance on third parties for components, technology, manufacturing, applications, and content
Revenue & Expenses
Visualization of income flow from segment revenue to net income