Apple registered a net profit of 24,160 million dollars (21,871 million euros) in the first three months of 2023, the second fiscal quarter for the Cupertino-based company, which represents a decrease of 3.4% compared to the result posted in the same period last year, as announced by the multinational.
The net sales of the technology between January and March reached 94,836 million dollars (85,852 million euros), which represents a fall of 2.5% compared to the same quarter of the previous year, after the decrease of 4, 5% of the income from the sale of products, up to 73,929 million dollars (66,926 million euros).
Much of this fall is due to the lack of output of any of its products. The iPhone was the best standing out of all. According to the results of the multinational, between January and March, telephone sales reported to Apple 51,334 million dollars (46,471 million euros), 1.5% more than a year earlier.
In addition to the iPhone, the other good news for Apple was revenue from services, which increased by 5.5%, up to 20,907 million dollars (18,927 million euros).
“We are pleased to report an all-time service record and a record quarterly March for iPhone despite the challenging macroeconomic environment, and our installed base of active devices reaching an all-time high,” said Tim Cook, Apple CEO.
On the other hand, Mac sales continue to fall: they totaled 7,168 million dollars (6,489 million euros), 31.3% less than the same period of the previous year. The iPad did not do too well either, with profits of 6,670 million dollars (6,038 million euros), 12.8% less.
The accessories business is not working for Apple either, which registered a slight drop of 0.5% year-on-year in the quarter, to 8,757 million dollars (8,374 million euros).
By semesters, the data from the technology giant was not positive either. In the first six months of its fiscal year, it obtained a net profit of 54,158 million dollars (49,028 million euros), 9.2% less than in the first half of the previous year; while its sales totaled 211,990 million dollars (191,909 million euros), 4.2% less.
