03-02-2023 15:00 via macdailynews.com

Apple management hints that things are getting better after a tough quarter

Apple on Thursday announced financial results for its fiscal 2023 first quarter ended December 31, 2022. The company posted quarterly revenue of $117.2 billion, down 5 percent year over year, and quarterly earnings per diluted share of $1.88.
Apple CFO Luca Maestri
Apple blamed “a difficult macroeconomic environment and significant supply constraints,” for the underperformance, but management hinted at better times to come during their conference call with analysts following the warn
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