Apple’s results are as bad as expected

Stefan Mileschin · 8th May 2023, 06:26

Tame Apple Press rushes to put some spin on them

Apple turned in its quarterly results which were as bad as everyone expected and let its denizens in the press put some positive spin on them.

Apple said sales for its fiscal second quarter ended April 1 fell 2.5 per cent to $94.8 billion, slightly ahead of expectations for a 4.4 per cent decline. Profit was flat at $1.52 per share, compared with estimates of $1.43.

Sales of Macs fell sharply while iPad revenue slipped. Sales in China also dropped 2.9 per cent, a slightly larger drop than overall revenue.

Mac sales fell more than 30 per cent compared with analyst estimates of a 25 per cent decline. Sales in Apple's wearables business, which includes devices like AirPods and the Apple Watch, fell less than a per cent compared with estimates for a 4.4 per cent drop.

https://fudzilla.com/news/56831-appl...ad-as-expected

8th May 2023, 06:26	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 152,455	Apple’s results are as bad as expected Tame Apple Press rushes to put some spin on them Apple turned in its quarterly results which were as bad as everyone expected and let its denizens in the press put some positive spin on them. Apple said sales for its fiscal second quarter ended April 1 fell 2.5 per cent to $94.8 billion, slightly ahead of expectations for a 4.4 per cent decline. Profit was flat at $1.52 per share, compared with estimates of $1.43. Sales of Macs fell sharply while iPad revenue slipped. Sales in China also dropped 2.9 per cent, a slightly larger drop than overall revenue. Mac sales fell more than 30 per cent compared with analyst estimates of a 25 per cent decline. Sales in Apple's wearables business, which includes devices like AirPods and the Apple Watch, fell less than a per cent compared with estimates for a 4.4 per cent drop. https://fudzilla.com/news/56831-appl...ad-as-expected

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Apple’s results expected to be grim	Stefan Mileschin	WebNews	0	5th May 2023 06:58
Apple results dire	Stefan Mileschin	WebNews	0	6th February 2023 06:44
Apple posts below par results	Stefan Mileschin	WebNews	0	31st October 2022 13:24
Apple makes more cash than expected	Stefan Mileschin	WebNews	0	3rd August 2020 04:48
Apple Announces Q3 FY 2017 Results	Stefan Mileschin	WebNews	0	4th August 2017 06:22
New Apple TV set-top box expected at WWDC 2015	Stefan Mileschin	WebNews	0	24th March 2015 06:17
Apple iOS 8.2 could go live on Monday, iOS 8.3 expected soon too	Stefan Mileschin	WebNews	0	2nd March 2015 07:29
Apple expected to release OS X 10.8.5 today	Stefan Mileschin	WebNews	0	27th August 2013 07:22
Apple iPad Mini expected next week	Stefan Mileschin	WebNews	0	18th October 2012 08:12
Apple Reports Second Quarter Results	Stefan Mileschin	WebNews	0	25th April 2012 07:45