Post-market trading in the early hours of the U.S. today $Apple (AAPL.US)$ The financial report is out, overall data still exceeds market expectations, and rose 2 points post-market. Apple's main business is divided into five major segments: hardware includes 4 major sections - iPhone smartphones, Mac computers, iPad tablets, wearables and other hardware, as well as software services. There isn't much to interpret for this financial report because Apple is really stable, a typical high win rate company (not high odds). To help everyone deepen their understanding of Apple, I will still analyze Apple's financial data in detail (this time is Q2 of year 23 for Apple's fiscal year, but described as Q1 based on actual time in this article).
I. Overall financial data: Revenue has declined for two consecutive quarters, but still above market expectations, with iPhone performing well
1. Revenue：Apple's Q1 total revenue was $94.84 billion, down 2.5% year-on-year, declining for two consecutive quarters, mainly due to weak market demand. But it exceeded market expectations of $92.9 billion.
The most important of whichiPhone revenue was $51.334 billion, up 1.5% year-on-year, accounting for 54% of total revenue, higher than the market's expected $48.9 billion. It is worth noting that the global mobile phone market declined in Q1, Apple can be said to be growing against the trend, so the performance of the iPhone business is considered very good, Apple's fundamentals are still very stable.
2. Net income：Apple's Q1 net income was $24.2 billion, a 3.4% year-on-year decrease, but...