Revenue: Apple posted quarterly revenue of $85.8 billion, up 5 percent year over year, and quarterly earnings per diluted share of $1.40, up 11 percent year over year.
Earnings per Share (EPS): The company reported $1.40 per diluted share, marking an 11% growth year over year.
Software Updates: During this quarter, Apple unveiled significant updates to its software platforms at the Worldwide Developers Conference. Notably, they introduced Apple Intelligence, a breakthrough personal intelligence system powered by private generative AI models integrated into iPhone, iPad, and Mac.
Active Devices: Apple's installed base of active devices reached an all-time high across all geographic segments, driven by high customer satisfaction and loyalty.
Dividend: The board of directors declared a cash dividend of $0.25 per share, payable on August 15, 2024, to shareholders of record as of August 12, 2024.
These results demonstrate Apple's continued growth and commitment to innovation. If you'd like more details, you can find the full financial statements on Apple's investor relations website.
“Today Apple is reporting a new June quarter revenue record of $85.8 billion, up 5 percent from a year ago,” said Tim Cook, Apple’s CEO. “During the quarter, we were excited to announce incredible updates to our software platforms at our Worldwide Developers Conference, including Apple Intelligence, a breakthrough personal intelligence system that puts powerful, private generative AI models at the core of iPhone, iPad, and Mac. We very much look forward to sharing these tools with our users, and we continue to invest significantly in the innovations that will enrich our customers’ lives, while leading with the values that drive our work.”
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