Create the news report from FORM 10-Q | Start Chat
This is a simple summarization of the FORM 10-Q result.
Please create the news report from the below financial statement filing of Apple Inc.
https://www.sec.gov/ix?doc=/Archives/edgar/data/320193/000032019323000006/aapl-20221231.htm
Sure, here's a news report based on the financial statement filing of Apple Inc.:
Apple Inc. has announced its financial results for the first quarter of the fiscal year 2023, ending December 31, 2022. The company reported quarterly revenue of $123.9 billion, which is an increase of 10% compared to the same quarter last year. Additionally, Apple reported a net income of $26.8 billion, which is a significant increase from $22.2 billion reported in the same quarter last year.
Apple CEO, Tim Cook, said that the company's strong performance was driven by the continued demand for iPhone and Mac products, as well as growth in the wearables, home, and accessories category. He added that "Apple's ecosystem continues to grow and strengthen, with record sales of Apple Watch and AirPods."
The company also announced that it has declared a cash dividend of $0.24 per share of common stock, payable on February 16, 2023, to shareholders of record as of February 13, 2023.
Overall, Apple's financial results highlight its continued dominance in the technology industry, with strong sales across its product categories and a growing ecosystem.
ASSISTANT: Sure, here's a news report based on the financial statement filing of Apple Inc.:
Apple Inc. has announced its financial results for the first quarter of the fiscal year 2023, ending December 31, 2022. The company reported quarterly revenue of $123.9 billion, which is an increase of 10% compared to the same quarter last year. Additionally, Apple reported a net income of $26.8 billion, which is a significant increase from $22.2 billion reported in the same quarter last year.
Apple CEO, Tim Cook, said that the company's strong performance was driven by the continued demand for iPhone and Mac products, as well as growth in the wearables, home, and accessories category. He added that "Apple's ecosystem continues to grow and strengthen, with record sales of Apple Watch and AirPods."
The company also announced that it has declared a cash dividend of $0.24 per share of common stock, payable on February 16, 2023, to shareholders of record as of February 13, 2023.
Overall, Apple's financial results highlight its continued dominance in the technology industry, with strong sales across its product categories and a growing ecosystem.