Apple said its quarterly revenue for fiscal 2024 Q2, which ended March 30, was $90.8 billion, down 4% from a year earlier, and its diluted earnings per share were $1.53. Net income for the same quarter was $23,636 million.

1. 01

   Apple said its quarterly revenue for fiscal 2024 Q2, which ended March 30, was $90.8 billion, down 4% from a year earlier, and its diluted earnings per share were $1.53. Net income for the same quarter was $23,636 million.

2. 02

   The company said Services net sales rose to $23,867 million for the 3 months from $20,907 million a year earlier, while Products net sales fell to $66,886 million from $73,929 million a year earlier.

3. 03

   The company said it generated $62,585 million in cash from operating activities over the 6 months ended March 30, and used $43,344 million for share repurchases and $7,535 million for dividend payments.

4. 04

   The company said its board authorized an additional share repurchase program of up to $110 billion for common stock and declared a cash dividend of $0.25 per share, an increase of 4%. The dividend is payable on May 16, 2024, and the record date is May 13.

Analysis 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.

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.