From the company:
PRESS RELEASE August 3, 2023
Apple reports third quarter results
Services revenue reaches new all-time high
Installed base of active devices sets all-time record
CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2023 third quarter ended July 1, 2023. The Company posted quarterly revenue of $81.8 billion, down 1 percent year over year, and quarterly earnings per diluted share of $1.26, up 5 percent year over year.
“We are happy to report that we had an all-time revenue record in Services during the June quarter, driven by over 1 billion paid subscriptions, and we saw continued strength in emerging markets thanks to robust sales of iPhone,” said Tim Cook, Apple’s CEO. “From education to the environment, we are continuing to advance our values, while championing innovation that enriches the lives of our customers and leaves the world better than we found it.”
“Our June quarter year-over-year business performance improved from the March quarter, and our installed base of active devices reached an all-time high in every geographic segment,” said Luca Maestri, Apple’s CFO. “During the quarter, we generated very strong operating cash flow of $26 billion, returned over $24 billion to our shareholders, and continued to invest in our long-term growth plans.” ...
....MUCH MORE
The stock was bouncing on both sides of unchanged afterhours. $189.89 down $1.28 (-0.67%).
The action, if any will come with this:
Apple’s conference call to discuss third fiscal quarter results and business updates is scheduled for Thursday, August 3, 2023 at 2:00 p.m. PT / 5:00 p.m. ET.
Gotta love the product pitch and upsell:
This stream is best experienced on an iPhone 7 or later, iPad (5th generation or later), or iPod touch (7th generation) using Safari on iOS 12 or later; or a Mac using Safari on macOS Mojave 10.14 or later. Streaming to your TV requires an AirPlay 2–capable device, or via AirPlay to an Apple TV (2nd generation or later) with the latest Apple TV software or tvOS. Other platforms may also be able to access the stream using recent versions of Chrome, Firefox, or Microsoft Edge (MSE, H.264, and AAC required).Apple is our 'tell' for the entire market, a rollover—and it is already down from the $198.23 all-time high set July 19—would take all three major indices down.
