Apple registered record quarterly revenue, grew in double digits YoY in India: Tim Cook

Apple on Thursday announced the financial results of the quarter that ended December 31, 2022.

The global economic slowdown has impacted all companies, and it was palpable with the results of the Cupertino-based tech major. It posted quarterly revenue of $117.2 billion, down 5 per cent year over year, and quarterly earnings per diluted share of $1.88.

“As we all continue to navigate a challenging environment, we are proud to have our best lineup of products and services ever, and as always, we remain focused on the long term and are leading with our values in everything we do,” said Tim Cook, Apple’s CEO.