Apple has faced several quarters of declining sales of Macs and iPads, and the fourth quarter continued that trend. Mac sales slumped by a third to $7.61 billion and iPad sales declined 10% to $6.44 billion, compared with expectations of $8.63 billion and $6.07 billion, respectively, according to LSEG data.
Apple’s Q4 2023 Earnings Call Takeaways
Apple today held an earnings call for the fourth fiscal quarter of 2023 (third calendar quarter), with Apple CEO Tim Cook and Apple CFO Luca ...
Apple holiday forecast disappoints on iPad, wearables demand; shares slip
Apple on Thursday gave a sales forecast for the holiday quarter that missed Wall Street expectations, hurt by weak demand for iPads and wearables, sending its shares down about 3% in after-hours trading.
Apple CEO Tim Cook on Generative AI: ‘We’re Investing Quite a Bit’
During today's earnings call covering the fourth fiscal quarter of 2023, Apple executives held a Q&A session with analysts and ...
Apple expects iPad revenue to decrease next quarter as no new products were launched in 2023
Apple announced its fiscal Q4 2023 earnings results on Thursday, with revenue of $89.50 billion between July and September. Regarding the iPad, Apple reported revenue of $6.4 billion, down from $7.2 billion in the same period last year. Apple CEO Tim Cook ...
Apple Reports 4Q 2023 Results: $23B Profit on $89.5B Revenue
Apple today announced financial results for the fourth fiscal quarter of 2023, which corresponds to the third calendar quarter of the year. For ...
Mac Revenue Down 34% Year-Over-Year, But Tim Cook Expects ‘Significant’ Improvement With M3 Macs
Apple today shared its earnings results for the fourth fiscal quarter of 2023 (third calendar quarter), and Mac revenue saw a major drop compared to last year. Mac sales came in at $7.6 billion in Q4 ...