Apple confirmed Wednesday that it will announce fourth-quarter fiscal 2023 results on November 2. The announcement comes just weeks after the company unveiled the new iPhone 15 along with the Apple Watch Series 9 and Ultra 2, so there are high expectations as to how the early days of sales of these products will impact Apple's revenue in the fourth quarter of 2023.
Apple results for the fourth quarter of fiscal 2023
In the previous quarter, Apple's total revenue was $81.79 billion. This figure represents a 1% decrease compared to the same period in 2022. However, earnings per share for the quarter were $1.26, indicating the company's strong financial position. Notably, Apple posted a profit of $19.88 billion in its most recent quarter, up 5% year over year.
Apple's fiscal fourth quarter of 2023 covers July, August, and September. The upcoming conference call is expected to provide additional information on Apple's financial health and business developments, and will also be critical for investors and analysts to better understand sales of new products announced last month.
Although the holiday season is Most importantly for Apple, good sales performance of a new product in the first weeks is always a positive sign that things are going well.
As always, Apple’ The investor relations website will broadcast the earnings conference call live at 2 p.m. Pacific Time/5:00 p.m. ET, with full earnings available 30 minutes prior. Follow here on 9to5Mac for more details.
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