Apple posts impressive Q2 earnings: Revenue hits $94.8 billion

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Apple earlier today posted its earnings report for the recent March quarter. And when the dust settled, Apple posted revenue of $94.8 billion and earnings …

If you buy through links on BGR, we may receive an affiliate commission.Apple earlier today posted its earnings report for the recent March quarter. And when the dust settled, Apple posted revenue of $94.8 billion and earnings of $1.52 per share. As a point of comparison, Apple during the same quarter last year posted revenue of $97.28 billion and earnings of $1.52 per share. Profit-wise, Apple for the quarter took home $24.16 billion, a slight decline from the $25.

As has been the case for a few years now, Apple doesn’t release specific sales figures across its product line. Still, the company does provide us with how much revenue each of its products generates every quarter. This compares to $50.5 billion in iPhone-based revenue during the year-ago quarter. Analysts, meanwhile, were predicting that iPhone revenue would fall somewhere in the $48.9 billion range.

All told, Apple’s Q2 2023 earnings report wasn’t as strong as its Q2 earnings last year. Still, the company generated more revenue across its product line than many analysts were expecting.

 

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