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Apple beats Q3 sales estimates again: What's your choice?
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Apple has announced financial results for its fiscal Q3 FY23, whose services growth continues to counter the iPhone sales slide in Q3. The E Show More
Apple has announced financial results for its fiscal Q3 FY23, whose services growth continues to counter the iPhone sales slide in Q3. The Earnings Highlights are below:

Revenue: $81.8 billion vs. $81.7 billion estimated, down 1%
iPhone revenue: $39.7 billion vs. $39.9 billion estimated, down 2%
Services revenue: $21.2 billion vs. $20.8 billion estimated, up 8%
Gross margin: 44.5% vs. 44.2% estimated
EPS: $1.26 vs. $1.19 estimated

"We are happy to report that we had an all-time revenue record in Services during the June quarter, driven by over 1 billion paid subscriptions," said Tim Cook, Apple's CEO.

Q: 1) What will be the future growth driver of Apple, products or services?
    2) How do you view Apple's earnings results this quarter?

Rewards: Top six posts will be given 1,000 points for each, based on the content’s originality, quality, and engagement. 100 points for every mooer who publishes an analysis over 15 words.
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