In this quarter, Apple reported a revenue of $81.8 billion and a quarterly net profit of $19.9 billion, equivalent to $1.26 per share. For comparison, 'Fruit Missing' in the previous quarter achieved a revenue of $83 billion and a quarterly net profit of $19.4 billion, equivalent to $1.2 per share.
Apple's Revenue in Q3/2023The gross profit margin for the quarter is 44.5%, compared to 43.3% in the previous quarter. Apple also declared a quarterly dividend of $0.24 per share, payable on August 17 for shareholders recorded on August 14.
Tim Cook stated: 'We are pleased to report that we have achieved record revenue in the Services category, thanks to over 1 billion paid subscriptions, and we have witnessed impressive iPhone sales in emerging markets.' The Apple CEO added: 'From education to the environment, we continue to elevate our values while supporting innovation to enrich the lives of our customers and make the world a better place than we've ever seen.'
Apple Achieves Impressive Revenue in the Past QuarterAs has been the case for over three years now, Apple once again refrains from providing targets for the current quarter ending in September.
