Apple Releases Q4 Results

Apple has announced its financial results for the fiscal 2023 fourth quarter ended September 30, 2023.

The company reported quarterly revenue of $89.5 billion, a 1% decrease year over year, and quarterly earnings per diluted share of $1.46, a 13% increase year over year. I Photo: Apple

The company reported quarterly revenue of $89.5 billion, a 1% decrease year over year, and quarterly earnings per diluted share of $1.46, a 13% increase year over year.

Tim Cook, Apple’s CEO, commented, “Today Apple is pleased to report a September quarter revenue record for iPhone and an all-time revenue record in Services. We now have our strongest lineup of products ever heading into the holiday season, including the iPhone 15 lineup and our first carbon-neutral Apple Watch models, a major milestone in our efforts to make all Apple products carbon neutral by 2030.”

Luca Maestri, Apple’s CFO, stated, “Our active installed base of devices has again reached a new all-time high across all products and all geographic segments, thanks to the strength of our ecosystem and unparalleled customer loyalty. During the September quarter, our business performance drove double-digit EPS growth, and we returned nearly $25 billion to our shareholders while continuing to invest in our long-term growth plans.”

Apple’s board of directors declared a cash dividend of $0.24 per share of the company’s common stock, payable on November 16, 2023, to shareholders of record as of the close of business on November 13, 2023.

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