Apple announces quarterly results, reports revenue of $89.5 billion

Apple has announced its financial results for the fourth quarter of fiscal 2023. The company reported quarterly revenue of $89.5 billion, a 1% decrease compared to the previous year. However, earnings per diluted share increased by 13%. iPhone revenue saw a significant increase, while revenue from Mac and iPad declined. Apple's CEO, Tim Cook, expressed satisfaction with the record-breaking revenue from iPhone and services. The company also highlighted its commitment to carbon neutrality and its plans to make all Apple products carbon neutral by 2030.

Apple announces quarterly results, reports revenue of $89.5 billion
Apple has announced its financial results for the fourth quarter of fiscal 2023. The company reported quarterly revenue of $89.5 billion, a 1% decrease compared to the previous year. However, earnings per diluted share increased by 13%. iPhone revenue saw a significant increase, while revenue from Mac and iPad declined. Apple's CEO, Tim Cook, expressed satisfaction with the record-breaking revenue from iPhone and services. The company also highlighted its commitment to carbon neutrality and its plans to make all Apple products carbon neutral by 2030.