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Jul 01, 2023
Apple Q3 2023 Earnings Report
Apple's Q3 2023 earnings were released, revealing a new all-time high in Services revenue and an all-time record for the installed base of active devices.
Key Takeaways
Apple reported a slight decrease in revenue year-over-year, but earnings per share increased. Services revenue reached a new all-time high, driven by over 1 billion paid subscriptions, with continued strength in emerging markets due to robust iPhone sales.
Reported quarterly revenue of $81.8 billion, a 1% decrease year-over-year.
Announced quarterly earnings per diluted share of $1.26, a 5% increase year-over-year.
Services revenue reached an all-time high during the quarter.
Installed base of active devices reached an all-time high in every geographic segment.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The press release contains forward-looking statements regarding the payment of the Company’s quarterly dividend.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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