Apple Earnings -- 2Q23 -- Beat On Top And Bottom Lines

Locator: 45317AAPL.

Beat on top and bottom lines.

• per share: $1.26 vs $1.19
• revenue: $81.80 vs 81.69.
• services: a new record. Up 8% y/y.  $21.21 billion vs $20.76 billion. -- second largest source of revenue for Apple.
  
• iPhone sales: minimally down; 39.67 vw $39.91 billion
  
• iMacs: up nicely; $6.84 billion vs $6.62 billion.
  
• iPad sales: down significantly; 5.79 vs 6.41.
  
• gross margin: 44.5% vs 44.2%.
• cash: $166.5 billion
  
• other products: down a bit from forecast; $8.28 billion vs $8.39 billion
  

Market reaction. Shares down fractionally -- down 0.5 to 0.75% down. Trading just below $190.

Me? Greatly relieved. These are awesome, for those paying attention.

Link here.