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Apple Services Revenue Hits New Record, Jumping 11% to $23.1 Billion in Year-End 2023 Quarter
Apple turned in another record quarter in its services business, as strong iPhone 15 sales boosted total revenue in the last three months of 2023.
Apple turned in another record quarter in its services business, as strong iPhone 15 sales boosted total revenue in the last three months of 2023. The tech company reported total revenue of $119.6 billion, up 2%, and net income of (or $2.18 per share) for the period that ended Dec. 30, which is Apple’s first quarter of fiscal 2024. “Today Apple is reporting revenue growth for the December quarter fueled by iPhone sales, and an all-time revenue record in Services,” said Tim Cook, Apple’s CEO, in announcing the results.
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