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Apple This fall report reveals sturdy iPhone gross sales, all-time excessive providers income

dutchieetech.comBy dutchieetech.com5 November 2023No Comments1 Min Read

Apple shared its quarterly monetary outcomes for the interval ending on September 30 with whole revenues of $89.5 billion and $22.9 billion in income. The income numbers are down by 1% in comparison with the identical interval final 12 months whereas the web revenue determine is up 10% on a yearly foundation.


Apple consolidated financial statement for period ending September 30

Apple consolidated monetary assertion for interval ending September 30

The most recent era iPhones contributed $43.8 billion in web gross sales or practically 49% of Cupertino’s whole quarterly income whereas the providers sector which incorporates the likes of Apple Music, TV+ and iCloud reached a brand new all-time excessive $22.3 billion in income. Wanting by the remainder of Apple’s product ecosystem reveals declines in web gross sales for Macs, iPads and wearables with Mac computer systems seeing a 51% decline in gross sales.

Apple quarterly results show strong iPhone demand and all-time high services revenue

The Americas remained Apple’s strongest market with $40.1 billion in web gross sales, adopted by Europe ($22.5 billion) and China ($15.1 billion). Wanting forward Apple is cautious over potential provide chain points which will delay deliveries of its iPhone 15 Professional and Professional Max flagships although Tim Cook dinner is assured that Apple will “attain a supply-demand steadiness”.

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