The installed base crosses 2 billion active devices. and hits an all-time high for all major product categories
Services set a new all-time revenue record
CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2023. the first quarter ended on December 31, 2022. The Company posted quarterly revenue of $117.2 billion, down 5 percent year over year. and quarterly earnings per diluted share of $1.88.
“As we all continue to navigate a challenging environment. we are proud to have our best lineup of products and services ever. and as always, we remain focused on the long term. and are leading with our values in everything we do,” said Tim Cook, Apple’s CEO. “During the December quarter, we achieved a major milestone and are excited to report. we now have more than 2 billion active devices as part of our growing installed base.”
“We set an all-time revenue record of $20.8 billion. in our Services business, and in spite of a difficult macroeconomic environment. we grew total company revenue on a constant currency basis,” said Luca Maestri, Apple’s CFO. “We generated $34 billion in operating cash flow. and returned over $25 billion to shareholders during the quarter while continuing to invest in our long-term growth plans.”
Apple’s board of directors has declared a cash dividend of $0.23 per share of the Company’s common stock. The dividend is payable on February 16, 2023, to shareholders of record as of the close of business on February 13, 2023.
Apple will provide live streaming of its Q1 2023 financial results. conference call beginning at 2:00 p.m. PT on February 2, 2023, at apple.com/investor/earnings-call. This webcast will be available for replay for approximately two weeks thereafter.