Q1 Fiscal 2023 Summary
|
GAAP |
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|
($ in millions, except earnings per share) |
Q1 FY23 |
Q4 FY22 |
Q1 FY22 |
Q/Q |
Y/Y |
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|
Revenue |
$8,288 |
|
$7,643 |
|
$5,661 |
|
Up 8% |
Up 46% |
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|
Gross margin |
|
65.5% |
|
|
65.4% |
|
|
64.1% |
|
Up 10 bps |
Up 140 bps |
|
Operating expenses |
$3,563 |
|
$2,029 |
|
$1,673 |
|
Up 76% |
Up 113% |
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|
Operating income |
$1,868 |
|
$2,970 |
|
$1,956 |
|
Down 37% |
Down 4% |
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|
Net income |
$1,618 |
|
$3,003 |
|
$1,912 |
|
Down 46% |
Down 15% |
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|
Diluted earnings per share |
$0.64 |
|
$1.18 |
|
$0.76 |
|
Down 46% |
Down 16% |
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