Apple announced financial results for the first fiscal quarter of 2024 (fourth calendar quarter of 2023).
During this period, the company earned revenue of $119.6 billion and quarterly net profit of $33.9 billion. For comparison, the previous quarterly revenue was $117.2 billion and profit was $30 billion.
Gross margin for the quarter was 45.9%, down from 43.0% in the prior quarter. Apple also announced a quarterly dividend of $0.24 per share, payable to shareholders on February 15th.
The company also said there are 2.2 billion combat devices worldwide. This is a record.
Source: Iphones RU
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