Apple Reports FQ3 23 Earnings
Muted reaction so far
EPS $1.26 v $1.19e,
Rev $81.8B v $81.4Be
iPhone Rev $39.7B v $40.2Be (-2.5 Y/Y %);
Mac: $6.84B (-7.3 Y/Y %);
iPad: $5.79B (-19.8 Y/Y %);
Wearables, Home and Accessories: $8.28B (+2.5 Y/Y%);
Service: $21.21B (+8.2 Y/Y %)
Apple CEO Cook:
$AAPL Been Researching Generative Artificial Intelligence for Years – Interview
– Work On Generative #AI Is Among Drivers of Increased Research & Development Spending
– Continuing To Invest in Technologies Such As #GenerativeAI To Improve Its Products
$AAPL 191.10 -0.07 (-0.04%) after hours
