All articles tagged with #services revenue
Originally Published 2 months ago — by CNBC
Apple has boosted its stock and reputation by experiencing strong iPhone sales and exceptional growth in its services revenue, effectively countering critics and reinforcing its market position.
Originally Published 5 months ago — by Deadline
Apple reported a strong fiscal third quarter with $94 billion in revenue, driven by record iPhone sales and a 13% increase in Services revenue to $27.4 billion. CEO Tim Cook highlighted the success of 'F1: The Movie,' which grossed over $500 million, and praised the growth of Apple TV+ and its original content, including 'Severance' with 81 Emmy nominations. Shares rose 2% after hours.
Originally Published 2 years ago — by Apple
Apple reports Q2 earnings with quarterly revenue of $94.8 billion, down 3% YoY, and earnings per diluted share of $1.52, unchanged YoY. Services revenue reached an all-time high, while iPhone revenue set a March quarter record. The company generated strong operating cash flow of $28.6 billion and returned over $23 billion to shareholders during the quarter. Apple's board of directors authorized an additional $90 billion for share repurchases and raised its quarterly dividend for the eleventh year in a row.