Apple announced on May 4 the financial results for the second quarter of its fiscal year, ended April 1, 2023. The company posted quarterly revenue of $94.8 billion, down 3 percent from last year, and quarterly earnings per share of $1.52, unchanged from last year. Apple also launched a $90 billion share buyback program and increased dividends.
The company has recorded a new all-time high in its installed base of active devices³. In addition, the company has announced that it is investing for the long term and leading with its values, which includes great strides towards creating carbon-neutral products and supply chains by 2030.
Apple’s Board of Directors has declared a cash dividend of $0.24 per share for the company’s common stock, an increase of 4%. The dividend will be paid on May 18, 2023 to shareholders of record at the close of business on May 15, 2023. The Board has also authorized an additional program to repurchase up to $90 billion of the company’s common stock.
Reporting of data for the second quarter
Apple is streaming the second quarter earnings conference call for fiscal 2023 on May 4 starting at 2:00 p.m. Pacific Time in apple.com/investor/earnings-call. This webcast will be available for approximately two weeks.
EDGAR and its use in the United States
EDGAR is the principal system for companies and others filing documents under the Securities Act of 1933, the Securities Act of 1934, the Trust Act of 1939 and the Investment Companies Act of 1940. It contains millions of individual and corporate filings and benefits investors, corporations and the broader U.S. economy by increasing the efficiency, transparency and fairness of the stock markets. The system processes around 3,000 presentations per day, serves up to 3,000 terabytes of data to the public annually and accommodates on average 40,000 new presenters per year.
Apple is required to submit an annual, quarterly report on its financial data that can be consulted on the Apple website, as cited in this article, or on the https://www.sec.gov/edgar/about page.
(1) Apple reports second quarter results – Apple. https://www.apple.com/newsroom/2023/05/apple-reports-second-quarter-results/.