
Tech giant Apple Inc. (AAPL) reported fiscal 2023 third-quarter results that surpassed Wall Street estimates for earnings and sales, driven by solid services sales that rose 8% year-on-year, reaching an all-time high.
“We are happy to report that we had an all-time revenue record in Services during the June quarter, driven by over 1 billion paid subscriptions, and we saw continued strength in emerging markets thanks to robust sales of iPhone,” said Tim Cook, Apple’s CEO.