Apple reported FY23Q4 revenue of $89.5 billion, down 4%, and net profit of $23 billion, up 11%.
Thanks to CTOnews.com netizen RTCs for the clue delivery! CTOnews.com, Nov. 3-Apple today reported fiscal 2023 fourth quarter (FY23Q4,2023 3rd quarter) results showing total revenue of $89.5 billion, quarterly net income of $23 billion, or diluted earnings per share of $1.46.
For comparison, Apple had total revenue of $90.1 billion and quarterly net profit of $20.7 billion, or $1.29 per diluted share, in the same period last year.
Apple's gross margin in the fourth quarter of fiscal 2023 was 45.2%, compared with 42.3% in the same period last year. Apple also announced that it would pay a quarterly dividend of $0.24 per share to shareholders of record as of November 13, starting on November 16.
Broken down into the product business, CTOnews.com hereby attaches the following information on Apple's fiscal fourth quarter revenue:
Mac has revenue of $7.61 billion, while analysts expect $8.76 billion
IPad has revenue of $6.44 billion, while analysts expect $6.12 billion
$9.32 billion for wearable devices, homes and accessories, while analysts expect $9.41 billion
Service revenue is $22.31 billion, while analysts expect $21.37 billion.
Apple's total sales in fiscal 2023 were $383.3 billion and net income was $97 billion, slightly less than sales of $394.3 billion and net income of $99.8 billion in fiscal 2022.
As in the past three years, Apple has not released guidance for the current quarter.