https://arstechnica.com/gadgets/2023/05/apple-q2-earnings-beat-dour-expectations-rescued-by-iphone-and-services/ > Apple reported its earnings for Q2 2023 today, beating both Wall Street's and its own dour revenue estimates just a bit but continuing to show marked declines in new hardware sales. > Overall sales revenue was $94.8 billion for Apple's financial quarter ending April 1 (PDF), down 3 percent year over year, short of the 5 percent Apple's data had suggested in January. CEO Tim Cook emphasized Apple's "all-time record in Services" and a record iPhone month in March, despite a "challenging macroeconomic environment, in a press release. Services, which includes the App Store, AppleCare, iCloud, and Apple's subscription products, increased to $20.9 billion in Q2, up about 5.5 percent.