Apple – 4 Quick Notes 2-6-23

In this episode Scott Becker shares 4 quick notes on Apple:

1. Sales declined 5% in the 1st quarter of 2023 to $117 billion from $124 billion.
2. Profits fell to $30 billion from $34.6 billion.
3. The biggest categories of revenues are iPhone – 56.1%, Services – 17.7% and Wearables – 11.59%. iPads are next.
4. Apple stock rose Friday on a solid profits picture. The stock is down nearly 11% over the last year.

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