AI English summary of an SEC filing — figures as filed
Apple said it reported fiscal 2024 first-quarter revenue of $119.6 billion (up 2% from a year earlier) and diluted earnings per share of $2.18 (up 16%). The company said the quarter ended December 30, 2023 had 13 weeks, while the prior-year quarter had 14 weeks.
Key points
AI summaryApple said it reported fiscal 2024 first-quarter revenue of $119.6 billion (up 2% from a year earlier) and diluted earnings per share of $2.18 (up 16%). The company said the quarter ended December 30, 2023 had 13 weeks, while the prior-year quarter had 14 weeks.
The company reported 3-month net sales of $23,117 million for Services ($20,766 million a year earlier) and $69,702 million for iPhone ($65,775 million a year earlier). By contrast, Greater China net sales were $20,819 million, down from $23,905 million a year earlier.
The company said it generated $39,895 million of cash from operations in the 3-month period. It repurchased common stock for $20,139 million and paid $3,825 million in dividends and dividend equivalents. The company also declared a cash dividend of $0.24 per share.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.
Quarterly Revenue and Diluted EPS
Apple said it reported fiscal 2024 first-quarter revenue of $119.6 billion (up 2% from a year earlier) and diluted earnings per share of $2.18 (up 16%). The company said the quarter ended December 30, 2023 had 13 weeks, while the prior-year quarter had 14 weeks.
Source · Based on the filing body and exhibits
Services and iPhone Net Sales
The company reported 3-month net sales of $23,117 million for Services ($20,766 million a year earlier) and $69,702 million for iPhone ($65,775 million a year earlier). By contrast, Greater China net sales were $20,819 million, down from $23,905 million a year earlier.
Source · Based on the filing body and exhibits
Operating Cash Flow and Shareholder Returns
The company said it generated $39,895 million of cash from operations in the 3-month period. It repurchased common stock for $20,139 million and paid $3,825 million in dividends and dividend equivalents. The company also declared a cash dividend of $0.24 per share.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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