Apple's earnings for the fourth quarter of 2023 have shown growth in services and iPhone sales, with a revenue of $89.5 billion, beating expectations. However, the stock fell 3% after revealing a fourth straight quarterly sales decline, and slipped 2.2% due to a disappointing holiday quarter sales forecast. The revenue breakdown for Fiscal 2023 shows that 52.3% comes from iPhone sales, 22.2% from services, 10.4% from wearables, home, and accessories, 7.7% from Mac, and 7.4% from iPad.
Here's the percentage of Apple's $AAPL revenue that comes from each of its segments for its Fiscal 2023 iPhone - 52.3% Services - 22.2% Wearables, Home & Accessories - 10.4% Mac - 7.7% iPad - 7.4%
Apple ($AAPL) announces Q4 2023 earnings, beating expectations with $89.5 billion revenue https://t.co/E0I36d6ZPS
$AAPL APPLE SHARES SLIP 2.2% AFTER HOLIDAY QUARTER SALES FORECAST DISAPPOINTS
How Apple $AAPL makes its money https://t.co/MV7IzQAmtI
⚠️BREAKING: *APPLE FALLS 3% AFTER EARNINGS REVEAL 4TH STRAIGHT QUARTERLY SALES DECLINE $AAPL https://t.co/vmDWCzeY1H
Describe your thoughts on Apple's $AAPL earnings using just 1 word
Apple’s services and iPhone growth bolster earnings $AAPL https://t.co/S3n8ejbeWv