Apple ended the second quarter of fiscal 2023 with stable earnings. EPS for the period was $1.52 compared to earnings per share of $1.52 for the same period last year. Analysts had previously estimated earnings per share at $1.43.
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Revenue, meanwhile, was down, from $97.28 billion to $94.8 billion. Nevertheless, the company exceeded analyst estimates, which had previously expected revenues of 92.91 billion US dollars.
Apple shares are up 2.49 percent at $169.92 in after-hours trading on the NASDAQ stock exchange.
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