Apple today announced financial results for the third fiscal quarter of 2023. This corresponds to the second calendar quarter of 2023, i.e. the months of April, May and June.
For the quarter, Apple reported revenue of $81.8 billion and quarterly net income of $19.9 billion, or $1.26 per diluted share, compared to revenue of $83.0 billion and quarterly net income of $19.4 billion, or 1, $20 per diluted share in the year-ago quarter.
Gross margin for the quarter was 44.5%, up from 43.3% in the year-ago quarter. Apple also declared a quarterly dividend of $0.24 per share, payable August 17 to shareholders of record as of August 14.
As always, we would like to remind you that for some time now the company has stopped communicating the number of units sold by individual product segment, replacing it with a breakdown of sales by product category:
iPhones – 48.5%
Services – 25.9%
Macs – 8.4%
Wearables, Home, Accessories – 10.1%
iPad – 7.1%
Here are Tim Cook’s words on the financial results just released:
We are pleased to report that we achieved an all-time high in services revenue for the June quarter, driven by more than 1 billion paid subscriptions, and continued strength in emerging markets driven by iPhone sales. From education to protecting the environment, we continue to advance our values while pursuing innovations that enrich the lives of our customers and leave the world better than we found it.
As always above newsroom Apple’s full comment on its just-announced third-quarter 2023 financial results is available.