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Apple has now officially opened its books and announced its results for the fourth fiscal quarter of 2023 (third calendar quarter of 2023).
Apple has now opened the books and released the results for the fourth fiscal quarter of 2023 (third calendar quarter of 2023). Side note: Apple's fiscal year starts on October 1st and ends on September 30th. Apple did not announce a sales forecast at the last quarterly earnings conference either, as the company was unable to provide a realistic estimate due to the ongoing crisis. Apple posted sales of $89.5 billion and record net income of $22.3 billion, or $1.46 per share, in the last quarter, compared to sales of $90.1 billion and net income of $20.7 billion in the same quarter last year. So expressed Apple boss Tim Cook said:
Apple is pleased to announce today record iPhone shipments in the September quarter and a new record for services shipments. We enter the holiday season with our strongest product portfolio ever, including iPhone 15 and our first carbon-neutral Apple Watch, a key milestone in our commitment to make all Apple products carbon neutral by 2030.
Apple Q4/2023: Technology giant records new records
Apple’s CFO, Luca Maestri, said:
Our active installed base again reached an all-time high thanks to the strength of our ecosystem and unprecedented customer loyalty across all products and geographic segments. In the September quarter, our business performance drove double-digit earnings per share growth and we returned nearly $25 billion to our shareholders as we continue to invest in our long-term growth plans.
In fiscal 2023, the tech giant led by Tim Cook reported earnings per share (EPS) of $6.13 and revenue of $383.29 billion. In the previous fiscal year, the company's EPS was $6.11 and revenue was $394.33 billion. Analysts' forecasts for Apple in the full fiscal year 2023 were EPS of $6.06 and revenue of $383.09 billion. Apple's board of directors approved a dividend payment of $0.24 per share. The dividend will be paid on November 16 to shareholders of record as of the close of business on August 13. (Photo by Phongphan / Bigstockphoto)
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