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Apple to ship 54.5 million iPhone in the second quarter of fiscal year 2023

According to foreign media reports, the information on Apple’s official website shows that they will release the financial report for the second fiscal quarter of the 2023 fiscal year ending at the end of March on May 4.

For this fiscal quarter, some investment banks predict in the report that the iPhone, which has the largest user base and the largest revenue, will ship 54.5 million units, contributing 50.3 billion US dollars in revenue.

Although the investment bank, which expects iPhone revenue of $50.3 billion in the second fiscal quarter, raised its previous forecast by 2%, it is still less than the $50.57 billion in the same period of the previous fiscal year, and will still decline year-on-year.

In terms of shipments, the investment bank expects 54.5 million units, a year-on-year decline of 3%, and revenue only fell by 1%, which is due to the increase in average selling price. The average selling price will increase by 1% in the second fiscal quarter to $922.

For Apple’s second fiscal quarter, the investment bank, which is expected to ship 54.5 million iPhones, expects overall revenue to reach US$91.9 billion and earnings per share to be US$1.41, which is also a year-on-year increase. There will be a decline. In the same period of the last fiscal year, Apple’s revenue was US$97.278 billion, and its earnings per share exceeded US$1.5.

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Threza Gabriel
Threza Gabrielhttps://www.techgoing.com
Threza Gabriel is a news writer at TechGoing. TechGoing is a global tech media to brings you the latest technology stories, including smartphones, electric vehicles, smart home devices, gaming, wearable gadgets, and all tech trending.

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