Apple posted earnings per share of $1.46 in the completed fourth quarter of its 2023 fiscal year. The Cupertino-based group thus exceeded the expectations of analysts, who had forecast quarterly earnings of $1.39 per share. In the same period last year, Apple had EPS of $1.29 on its books.
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Apple reported quarterly sales at $89.5 billion – in the same quarter last year it was $90.15 billion. The expert estimates here amounted to 89.34 billion US dollars.
For the full fiscal year 2023, the tech giant led by Tim Cook reported EPS of $6.13 and sales of $383.29 billion. In the previous fiscal year, the company had earnings per share of $6.11 and sales of $394.33 billion. Analysts had expected Apple to have EPS of $6.06 and sales of $383.09 billion for the entire 2023 financial year.
According to the figures, Apple shares were temporarily 1.18 percent weaker at $175.48 in after-hours trading on the NASDAQ.
Editorial team finanzen.net
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