Apple Inc. FY 2023 Earnings Analysis
Revenue declined 2.8% year over year. Year-over-year earnings remained under pressure, showing that the recovery in profitability is still incomplete.
Revenue trend
Revenue trend remains stable.
Margin and earnings quality
Profitability was broadly stable.
What matters next
Investor focus is likely to remain on whether management can restore earnings momentum over coming quarters.
Revenue & YoY Growth
AnnualRevenue trend and year-over-year growth across recent reported annual periods.
Net Income & Net Margin
AnnualNet income and net margin trend over recent reported annual periods.
Revenue Analysis
Apple Inc. reported $383.3B in revenue for FY 2023, down 2.8% YoY. The year-over-year decline indicates ongoing pressure on topline performance.
Profitability Analysis
Net income came in at $97.0B, down 2.8% YoY. Net margin was 25.3%. Sequential margin improvement suggests stronger operating discipline despite a mixed revenue environment.
Frequently Asked Questions
Quick factual answers for this report. Need the why behind them? Ask the report assistant.
What was Apple Inc.'s revenue in FY 2023?
Apple Inc. reported revenue of $383.3B in FY 2023.
What was Apple Inc.'s net income in FY 2023?
Apple Inc. reported net income of $97.0B in FY 2023.
How did Apple Inc.'s revenue change year over year?
Apple Inc.'s revenue decreased by 2.8% year over year in FY 2023.
What was Apple Inc.'s net margin in FY 2023?
Apple Inc.'s net margin was 25.3% in FY 2023.
Compare this fiscal year with the previous annual earnings report.
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Data Source & Methodology
Financial data is sourced from company filings and internal processed earnings data.
YoY and QoQ values are derived from reported quarterly figures when not directly available.
This page is for informational purposes only and does not constitute investment advice.
