Apple Inc. Earnings Report

Q4 2023 Earnings Release

CUPERTINO, CALIFORNIA - Apple today announced financial results for its fiscal 2023 fourth quarter ended September 30, 2023. The Company posted quarterly revenue of $89.5 billion, a 2% increase year-over-year.

Key Financial Highlights

• Quarterly revenue: $89.5 billion
• Net income: $22.9 billion
• Diluted earnings per share: $1.40

Earnings Call and Next Earnings Release

Apple's conference call for analysts and investors will be held on May 02, 2024. The webcast will begin at 2:00 PM PST. For the next earnings release, the company expects to report earnings of $1.51 per share, reflecting a year-over-year growth of approximately 3.5%.

Market Reaction

Apple's stock climbed 2.2% on Thursday ahead of the earnings results. The stock has outperformed the broader market in recent months due to its continued strong revenue growth and improving profitability.