Apple announces fourth quarter results
iPhone sales recorded a record high for the July-September fiscal year and reached a record high in service business sales![]()
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Apple today announced financial results for the fourth quarter of the company's fiscal year 2023, which ends on 2023/9/30. Sales for the quarter were $89.5 billion, down 1 percent from the same period last year. Diluted earnings per share for the quarter were $1.46, up 13 percent year over year.
“Today, I'm pleased to report that Apple recorded the highest sales record for the July-September fiscal year for the iPhone fiscal year ending, and that sales in the service business also reached a record high. This year marks the holiday season with the strongest lineup ever, including the iPhone 15 lineup and Apple's first carbon-neutral Apple Watch model. The new Apple Watch is also a major step forward in Apple's efforts to make all Apple products carbon neutral by 2030,” said Apple CEO (Chief Executive Officer) Tim Cook.
“Thanks to the strength of Apple's ecosystem and exceptional customer loyalty, our active device install base has once again reached record highs across all products and regional segments. In the July-September fiscal year, our performance achieved a double-digit EPS growth rate and returned nearly $25 billion to shareholders while continuing to invest in long-term growth plans,” said Apple's CFO (Chief Financial Officer) Luca Maestri.
Apple's board of directors has declared a cash dividend of $0.24 per share of the company's common stock. This dividend is listed in the shareholder register as of the end of market transactions on 2023/11/16
It will be paid to shareholders on November 13, 2023.
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