Apple (AAPL) Increases Share Buyback by $90B

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Apple reports second quarter results

May 4, 2023 4:30 PM EDT

Services revenue reaches new all-time high

iPhone revenue sets March quarter record

CUPERTINO, Calif.--(BUSINESS WIRE)-- Apple® today announced financial results for its fiscal 2023 second quarter ended April 1, 2023. The Company posted quarterly revenue of $94.8 billion, down 3 percent year over year, and quarterly earnings per diluted share of $1.52, unchanged year over year.

We are pleased to report an all-time record in Services and a March quarter record for iPhone despite the challenging macroeconomic environment, and to have our installed base of active devices reach an all-time high, said Tim Cook, Apples CEO. We... More