Apple (NASDAQ:AAPL) reported its Q2 earnings results on Thursday, May 4, 2023 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Apple beat estimated earnings by 6.29%, reporting an EPS of $1.52 versus an estimate of $1.43.
Revenue was down $2.44 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.06 which was followed by a 2.44% increase in the share price the next day.
Here’s a look at Apple’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.94 | 1.26 | 1.16 | 1.43 |
| EPS Actual | 1.88 | 1.29 | 1.20 | 1.52 |
| Revenue Estimate | 121.10B | 88.74B | 82.81B | 93.89B |
| Revenue Actual | 117.15B | 90.15B | 82.96B | 97.28B |
To track all earnings releases for Apple visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
