Apple's Earnings Report: What to Expect

Announcing Apple's Q4 2023 Earnings Report

CUPERTINO, CALIFORNIA - October 27, 2022 - Apple today announced financial results for its fiscal 2023 fourth quarter ended September 30, 2023. The company's revenue for the quarter was $90.33 billion, a 6% increase from the same quarter last year. Apple's net income for the quarter was $25.2 billion, a 4% increase from the same quarter last year.

Key Points from the Earnings Report

• Revenue for the quarter was $90.33 billion, a 6% increase from the same quarter last year.
• Net income for the quarter was $25.2 billion, a 4% increase from the same quarter last year.
• iPhone revenue was $47.79 billion, a 9% increase from the same quarter last year.
• iPad revenue was $9.36 billion, a 29% increase from the same quarter last year.
• Mac revenue was $11.51 billion, a 25% increase from the same quarter last year.
• Services revenue was $19.19 billion, a 5% increase from the same quarter last year.