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Zenger
Zenger
Business
Shanthi Rexaline

Apple’s Q3 Results Beat Expectations, Service Sector Drives Growth

Apple Luca Maestri China California Cupertino
Customers walk past the Apple Store in Causeway Bay in Hong Kong, China, July 25, 2023. Apple’s Key Q3 Metrics: Cupertino, California-based Apple reported third-quarter earnings per share, or EPS of $1.26 on revenue of $81.8 billion. CFOTO/FUTURE PUBLISHING VIA GETTY IMAGES.

Apple, Inc. (NASDAQ:AAPL) announced fiscal year third-quarter results that came in ahead of expectations, propelled by strong Service sector growth. The company also said its installed devices of active bases rose to a record. While Mac sales exceeded expectations, the rest of the product categories, including the iPhone came in slightly shy of estimates.

Apple’s Key Q3 Metrics: Cupertino, California-based Apple reported third-quarter earnings per share, or EPS of $1.26 on revenue of $81.8 billion.

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