Apple: EPS up 11% in Q3
(CercleFinance.com) - On Thursday evening Apple reported an 11% increase in Q3 EPS to $1.
40, on sales that are up 5% to $85.8bn, with a new all-time high for its services revenues.
During the quarter, we announced incredible updates to our software platforms, including Apple Intelligence, which puts powerful, private generative AI models at the heart of the iPhone, iPad and Mac, said CEO Tim Cook.
Our installed base of active devices reached a new all-time high in all geographic segments, thanks to very high levels of customer satisfaction and loyalty, CFO Luca Maestri points out.
The technology company generated operating cash flow of almost $29bn and returned more than $32bn to shareholders in the quarter. In addition, a dividend of $0.25 per share will be payable on 15 August.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
40, on sales that are up 5% to $85.8bn, with a new all-time high for its services revenues.
During the quarter, we announced incredible updates to our software platforms, including Apple Intelligence, which puts powerful, private generative AI models at the heart of the iPhone, iPad and Mac, said CEO Tim Cook.
Our installed base of active devices reached a new all-time high in all geographic segments, thanks to very high levels of customer satisfaction and loyalty, CFO Luca Maestri points out.
The technology company generated operating cash flow of almost $29bn and returned more than $32bn to shareholders in the quarter. In addition, a dividend of $0.25 per share will be payable on 15 August.
Copyright (c) 2024 CercleFinance.com. All rights reserved.