In his 90th and final earnings call, CEO Tim Cook reported a June-quarter record $109.4 billion revenue, up 16%, with iPhone and Mac hitting records despite supply constraints.
核心观点 · Key points
六月季度营收 1094 亿美元，同比增长 16%，创纪录；每股收益 2.02 美元，同比增长 29%。 June quarter revenue $109.4B, up 16% YoY, a record; EPS $2.02, up 29%.
iPhone 营收 543 亿美元，增长 22%；Mac 营收 104 亿美元，增长 29%，均创六月季度纪录。 iPhone revenue $54.3B, up 22%; Mac $10.4B, up 29%, both June quarter records.
服务营收 307 亿美元，增长 12%，创六月季度纪录；付费订阅超 15 亿。 Services revenue $30.7B, up 12%, a June quarter record; paid subs surpass 1.5B.
九月季度营收指引增长 9%-11%，受汇率和显著加剧的供应限制影响。 September quarter revenue guided 9-11% growth, impacted by FX and significantly higher supply constraints.
Siri AI 推出获得压倒性积极反馈；AI 采用混合云与端侧模型。 Siri AI rollout met with overwhelming positive feedback; hybrid cloud and on-device model for AI.
反共识 · Contrarian takes
供应限制源于需求远超预期，而非供应商问题。 Supply constraints are driven by demand far exceeding expectations, not supplier failures.
内存成本呈指数级飙升，导致 iPad 和 Mac 史无前例地提价。 Memory costs surging exponentially, causing unprecedented price increases on iPad and Mac.