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Mac OS Ken

A Late Look at Apple's Q3 Earnings - MOSK: 08.08.2023

Mac OS Ken

Ken Ray

Technology

4.7996 Ratings

🗓️ 8 August 2023

⏱️ 15 minutes

🧾️ Download transcript

Summary

- A Late Look at Apple's 3QFY23 Earnings - Sponsored by BetterHelp: Professional, licensed, and vetted counselors that you can trust. Get 10% off your first month at BetterHelp.com/MacOSKen - Power what we do next for as little as $1 a month. Join the Mac OS Ken Test Kitchen at Patreon at Patreon.com/macosken - Send me an email: info@macosken.com or call (716)780-4080!

Transcript

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0:00.0

Where have I been?

0:02.0

You been?

0:03.0

Anyway, let's do a thing.

0:05.0

This is a thing.

0:06.0

This is MacOKIN. A zippy trip through Apple's third quarter earnings call.

0:17.8

It is Tuesday, the 8th of August, 2023. I sound like crap and this is news from Maco-S-Ken brought to you by yours truly and sponsored

0:29.6

by better help.

0:33.0

Get 10% of your first month at better help.com slash mecko-o-Sken.

0:40.0

This show is also supported by people like you, patrons through Patreon.

0:47.0

Find out more and that your support at patreon.com slash Maco-Sken. I'm a few days late on this

0:55.0

I'm a few days late on this but you know

0:59.0

I don't know how to go from where we are without a look at last week's call so

1:05.4

Let's say we take a look at last week's call

1:08.4

Last Thursday the third of August Apple posted numbers for the third quarter of its fiscal year

1:13.3

2023. Company posted quarterly revenue of $81.8 billion down 1% year over

1:21.0

year. That was on quarterly earnings per diluted share of

1:24.7

a buck 26 up 5 percent year over year. That was better than Apple itself

1:31.0

expected according to Apple CEO Tim Cook and better than Apple itself expected, according to Apple CEO Tim Cook, and better than the street expected as well.

1:37.0

The company set June quarter revenue records in Europe and Greater China, according to Apple CFO Lucaestry, with continued strong performance across emerging markets driven by iPhone.

1:50.0

Products revenue of $60. billion dollars was down 4%.

1:55.0

That fall was prompted by foreign exchange headwinds

1:58.0

and what the executives kept referring to

...

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