Apple posts Q2 2023 earnings results, reporting revenue of $94.8 billion, down 3 percent year over year
Tom Sykes
Posted On 04/05/2023 
Apple has posted its fiscal Q2 2023 earnings results, reporting revenue of $94.8 billion, down 3 percent year over year.
The quarter includes an all-time record for Services and a March quarter record for iPhone, with the revenue exceeding the expectations of analysts and investors, despite the year over year decline from $97.28 billion reported in Q2 2022.
Apple set a new all-time record for Services revenue in Q2 2023 at $20.9 billion, and a new March quarter record for iPhone revenue at $51.3 billion.
Apple’s board of directors has declared a cash dividend of $0.24 per share of the Company’s common stock, an increase of 4 percent. The dividend is payable on May 18, 2023 to shareholders of record as of the close of business on May 15, 2023.
How much money did Apple make this quarter?
During the second quarter of the year, Q2 2023, Apple reported revenue of $94.8 billion, down 3 percent year over year. The revenue comprises of $20.9 billion from Services, $51.3 billion from iPhone, $7.2 billion from Mac, $6.67 billion from iPad, and $8.76 billion from Wearables, Home, and Accessories.
