The major sources of revenue were the iPhone, generating $39.7B, services bringing in $21.2B, and MacBook and other products contributing $21B. The major expenses were the cost of revenue at $45.4B and operating expenses at $13.4B. The report covers the period ending June 2023 and was sourced from appeconomyinsights.com and Trickle AI.
Key takeaways:
- Apple's total revenue for Q3 FY23 was $81.8B, a decrease of 1% from the previous year.
- The company's gross profit was $36.4B, with a margin of 45%, which is an increase of 1pp from the previous year.
- Major sources of revenue were the iPhone, services, and MacBook and other products, while major expenses included the cost of revenue and operating expenses.
- The data is for the period ending June 2023 and was sourced from appeconomyinsights.com and Trickle AI.