Apple reports fourth quarter results

 

  iPhone revenue sets September quarter record  

 

  Services revenue reaches new all-time high  

 

Apple® today announced financial results for its fiscal 2023 fourth quarter ended September 30, 2023. The Company posted quarterly revenue of $89.5 billion, down 1 percent year over year, and quarterly earnings per diluted share of $1.46, up 13 percent year over year.

 

"Today Apple is pleased to report a September quarter revenue record for iPhone and an all-time revenue record in Services," said Tim Cook, Apple's CEO. "We now have our strongest lineup of products ever heading into the holiday season, including the iPhone 15 lineup and our first carbon neutral Apple Watch models, a major milestone in our efforts to make all Apple products carbon neutral by 2030."

 

"Our active installed base of devices has again reached a new all-time high across all products and all geographic segments, thanks to the strength of our ecosystem and unparalleled customer loyalty," said Luca Maestri, Apple's CFO. "During the September quarter, our business performance drove double digit EPS growth and we returned nearly $25 billion to our shareholders, while continuing to invest in our long-term growth plans."

 

Apple's board of directors has declared a cash dividend of $0.24 per share of the Company's common stock. The dividend is payable on November 16, 2023 to shareholders of record as of the close of business on November 13, 2023.

 

Apple will provide live streaming of its Q4 2023 financial results conference call beginning at 2:00 p.m. PT on November 2, 2023 at apple.com/investor/earnings-call. The webcast will be available for replay for approximately two weeks thereafter.

 

Apple periodically provides information for investors on its corporate website, apple.com, and its investor relations website, investor.apple.com. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance, and details related to its annual meeting of shareholders.

 

This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about payment of the Company's quarterly dividend and its environmental goals and initiatives. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Risks and uncertainties include without limitation: effects of global and regional economic conditions, including as a result of government policies, war, terrorism, natural disasters, and public health issues; risks relating to the design, manufacture, introduction, and transition of products and services in highly competitive and rapidly changing markets, including from reliance on third parties for components, technology, manufacturing, applications, and content; risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data; and effects of unfavorable legal proceedings, government investigations, and complex and changing laws and regulations. More information on these risks and other potential factors that could affect the Company's business, reputation, results of operations, financial condition, and stock price is included in the Company's filings with the SEC, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company assumes no obligation to update any forward-looking statements, which speak only as of the date they are made.

 

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple's five software platforms — iOS, iPadOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple's more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

 

NOTE TO EDITORS: For additional information visit Apple Newsroom ( www.apple.com/newsroom ), or email Apple's Media Helpline at media.help@apple.com .

 

© 2023 Apple Inc. All rights reserved. Apple and the Apple logo are trademarks of Apple. Other company and product names may be trademarks of their respective owners.

 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
 

  Apple Inc.  

 

  CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)  

 

(In millions, except number of shares, which are reflected in thousands, and per-share amounts)

 
    
 

 

 
 

  Three Months Ended  

 
 

 

 
 

  Twelve Months Ended  

 
 

 

 
 

  September 30,  
2023  

 
 

 

 
 

  September 24,  
2022  

 
 

 

 
 

  September 30,  
2023  

 
 

 

 
 

  September 24,  
2022  

 
 

Net sales:

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Products

 
 

$

 
 

67,184

 
 

 

 
 

$

 
 

70,958

 
 

 

 
 

 

 
 

$

 
 

298,085

 
 

 

 
 

 

 
 

$

 
 

316,199

 
 

 

 
 

Services

 
 

 

 
 

22,314

 
 

 

 
 

 

 
 

19,188

 
 

 

 
 

 

 
 

 

 
 

85,200

 
 

 

 
 

 

 
 

 

 
 

78,129

 
 

 

 
 

Total net sales (1)

 
 

 

 
 

89,498

 
 

 

 
 

 

 
 

90,146

 
 

 

 
 

 

 
 

 

 
 

383,285

 
 

 

 
 

 

 
 

 

 
 

394,328

 
 

 

 
 

Cost of sales:

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Products

 
 

 

 
 

42,586

 
 

 

 
 

 

 
 

46,387

 
 

 

 
 

 

 
 

 

 
 

189,282

 
 

 

 
 

 

 
 

 

 
 

201,471

 
 

 

 
 

Services

 
 

 

 
 

6,485

 
 

 

 
 

 

 
 

5,664

 
 

 

 
 

 

 
 

 

 
 

24,855

 
 

 

 
 

 

 
 

 

 
 

22,075

 
 

 

 
 

Total cost of sales

 
 

 

 
 

49,071

 
 

 

 
 

 

 
 

52,051

 
 

 

 
 

 

 
 

 

 
 

214,137

 
 

 

 
 

 

 
 

 

 
 

223,546

 
 

 

 
 

Gross margin

 
 

 

 
 

40,427

 
 

 

 
 

 

 
 

38,095

 
 

 

 
 

 

 
 

 

 
 

169,148

 
 

 

 
 

 

 
 

 

 
 

170,782

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Operating expenses:

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Research and development

 
 

 

 
 

7,307

 
 

 

 
 

 

 
 

6,761

 
 

 

 
 

 

 
 

 

 
 

29,915

 
 

 

 
 

 

 
 

 

 
 

26,251

 
 

 

 
 

Selling, general and administrative

 
 

 

 
 

6,151

 
 

 

 
 

 

 
 

6,440

 
 

 

 
 

 

 
 

 

 
 

24,932

 
 

 

 
 

 

 
 

 

 
 

25,094

 
 

 

 
 

Total operating expenses

 
 

 

 
 

13,458

 
 

 

 
 

 

 
 

13,201

 
 

 

 
 

 

 
 

 

 
 

54,847

 
 

 

 
 

 

 
 

 

 
 

51,345

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Operating income

 
 

 

 
 

26,969

 
 

 

 
 

 

 
 

24,894

 
 

 

 
 

 

 
 

 

 
 

114,301

 
 

 

 
 

 

 
 

 

 
 

119,437

 
 

 

 
 

Other income/(expense), net

 
 

 

 
 

29

 
 

 

 
 

 

 
 

(237

 
 

)

 
 

 

 
 

 

 
 

(565

 
 

)

 
 

 

 
 

 

 
 

(334

 
 

)

 
 

Income before provision for income taxes

 
 

 

 
 

26,998

 
 

 

 
 

 

 
 

24,657

 
 

 

 
 

 

 
 

 

 
 

113,736

 
 

 

 
 

 

 
 

 

 
 

119,103

 
 

 

 
 

Provision for income taxes

 
 

 

 
 

4,042

 
 

 

 
 

 

 
 

3,936

 
 

 

 
 

 

 
 

 

 
 

16,741

 
 

 

 
 

 

 
 

 

 
 

19,300

 
 

 

 
 

Net income

 
 

$

 
 

22,956

 
 

 

 
 

$

 
 

20,721

 
 

 

 
 

 

 
 

$

 
 

96,995

 
 

 

 
 

 

 
 

$

 
 

99,803

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Earnings per share:

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Basic

 
 

$

 
 

1.47

 
 

 

 
 

$

 
 

1.29

 
 

 

 
 

 

 
 

$

 
 

6.16

 
 

 

 
 

 

 
 

$

 
 

6.15

 
 

 

 
 

Diluted

 
 

$

 
 

1.46

 
 

 

 
 

$

 
 

1.29

 
 

 

 
 

 

 
 

$

 
 

6.13

 
 

 

 
 

 

 
 

$

 
 

6.11

 
 

 

 
 

Shares used in computing earnings per share:

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Basic

 
 

 

 
 

15,599,434

 
 

 

 
 

 

 
 

16,030,382

 
 

 

 
 

 

 
 

 

 
 

15,744,231

 
 

 

 
 

 

 
 

 

 
 

16,215,963

 
 

 

 
 

Diluted

 
 

 

 
 

15,672,400

 
 

 

 
 

 

 
 

16,118,465

 
 

 

 
 

 

 
 

 

 
 

15,812,547

 
 

 

 
 

 

 
 

 

 
 

16,325,819

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

  (1) Net sales by reportable segment:

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Americas

 
 

$

 
 

40,115

 
 

 

 
 

$

 
 

39,808

 
 

 

 
 

 

 
 

$

 
 

162,560

 
 

 

 
 

 

 
 

$

 
 

169,658

 
 

 

 
 

Europe

 
 

 

 
 

22,463

 
 

 

 
 

 

 
 

22,795

 
 

 

 
 

 

 
 

 

 
 

94,294

 
 

 

 
 

 

 
 

 

 
 

95,118

 
 

 

 
 

Greater China

 
 

 

 
 

15,084

 
 

 

 
 

 

 
 

15,470

 
 

 

 
 

 

 
 

 

 
 

72,559

 
 

 

 
 

 

 
 

 

 
 

74,200

 
 

 

 
 

Japan

 
 

 

 
 

5,505

 
 

 

 
 

 

 
 

5,700

 
 

 

 
 

 

 
 

 

 
 

24,257

 
 

 

 
 

 

 
 

 

 
 

25,977

 
 

 

 
 

Rest of Asia Pacific

 
 

 

 
 

6,331

 
 

 

 
 

 

 
 

6,373

 
 

 

 
 

 

 
 

 

 
 

29,615

 
 

 

 
 

 

 
 

 

 
 

29,375

 
 

 

 
 

Total net sales

 
 

$

 
 

89,498

 
 

 

 
 

$

 
 

90,146

 
 

 

 
 

 

 
 

$

 
 

383,285

 
 

 

 
 

 

 
 

$

 
 

394,328

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

  (1) Net sales by category:

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

iPhone

 
 

$

 
 

43,805

 
 

 

 
 

$

 
 

42,626

 
 

 

 
 

 

 
 

$

 
 

200,583

 
 

 

 
 

 

 
 

$

 
 

205,489

 
 

 

 
 

Mac

 
 

 

 
 

7,614

 
 

 

 
 

 

 
 

11,508

 
 

 

 
 

 

 
 

 

 
 

29,357

 
 

 

 
 

 

 
 

 

 
 

40,177

 
 

 

 
 

iPad

 
 

 

 
 

6,443

 
 

 

 
 

 

 
 

7,174

 
 

 

 
 

 

 
 

 

 
 

28,300

 
 

 

 
 

 

 
 

 

 
 

29,292

 
 

 

 
 

Wearables, Home and Accessories

 
 

 

 
 

9,322

 
 

 

 
 

 

 
 

9,650

 
 

 

 
 

 

 
 

 

 
 

39,845

 
 

 

 
 

 

 
 

 

 
 

41,241

 
 

 

 
 

Services

 
 

 

 
 

22,314

 
 

 

 
 

 

 
 

19,188

 
 

 

 
 

 

 
 

 

 
 

85,200

 
 

 

 
 

 

 
 

 

 
 

78,129

 
 

 

 
 

Total net sales

 
 

$

 
 

89,498

 
 

 

 
 

$

 
 

90,146

 
 

 

 
 

 

 
 

$

 
 

383,285

 
 

 

 
 

 

 
 

$

 
 

394,328

 
 
 
                                                                                                                                                                                                                                                                               
 

  Apple Inc.  

 

  CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)  

 

(In millions, except number of shares, which are reflected in thousands, and par value)

 
    
 

 

 
 

  September 30,  
2023  

 
 

 

 
 

  September 24,  
2022  

 
 

  ASSETS:  

 
 

Current assets:

 
 

 

 
 

 

 
 

 

 
 

Cash and cash equivalents

 
 

$

 
 

29,965

 
 

 

 
 

 

 
 

$

 
 

23,646

 
 

 

 
 

Marketable securities

 
 

 

 
 

31,590

 
 

 

 
 

 

 
 

 

 
 

24,658

 
 

 

 
 

Accounts receivable, net

 
 

 

 
 

29,508

 
 

 

 
 

 

 
 

 

 
 

28,184

 
 

 

 
 

Vendor non-trade receivables

 
 

 

 
 

31,477

 
 

 

 
 

 

 
 

 

 
 

32,748

 
 

 

 
 

Inventories

 
 

 

 
 

6,331

 
 

 

 
 

 

 
 

 

 
 

4,946

 
 

 

 
 

Other current assets

 
 

 

 
 

14,695

 
 

 

 
 

 

 
 

 

 
 

21,223

 
 

 

 
 

Total current assets

 
 

 

 
 

143,566

 
 

 

 
 

 

 
 

 

 
 

135,405

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Non-current assets:

 
 

 

 
 

 

 
 

 

 
 

Marketable securities

 
 

 

 
 

100,544

 
 

 

 
 

 

 
 

 

 
 

120,805

 
 

 

 
 

Property, plant and equipment, net

 
 

 

 
 

43,715

 
 

 

 
 

 

 
 

 

 
 

42,117

 
 

 

 
 

Other non-current assets

 
 

 

 
 

64,758

 
 

 

 
 

 

 
 

 

 
 

54,428

 
 

 

 
 

Total non-current assets

 
 

 

 
 

209,017

 
 

 

 
 

 

 
 

 

 
 

217,350

 
 

 

 
 

Total assets

 
 

$

 
 

352,583

 
 

 

 
 

 

 
 

$

 
 

352,755

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

  LIABILITIES AND SHAREHOLDERS' EQUITY:  

 
 

Current liabilities:

 
 

 

 
 

 

 
 

 

 
 

Accounts payable

 
 

$

 
 

62,611

 
 

 

 
 

 

 
 

$

 
 

64,115

 
 

 

 
 

Other current liabilities

 
 

 

 
 

58,829

 
 

 

 
 

 

 
 

 

 
 

60,845

 
 

 

 
 

Deferred revenue

 
 

 

 
 

8,061

 
 

 

 
 

 

 
 

 

 
 

7,912

 
 

 

 
 

Commercial paper

 
 

 

 
 

5,985

 
 

 

 
 

 

 
 

 

 
 

9,982

 
 

 

 
 

Term debt

 
 

 

 
 

9,822

 
 

 

 
 

 

 
 

 

 
 

11,128

 
 

 

 
 

Total current liabilities

 
 

 

 
 

145,308

 
 

 

 
 

 

 
 

 

 
 

153,982

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Non-current liabilities:

 
 

 

 
 

 

 
 

 

 
 

Term debt

 
 

 

 
 

95,281

 
 

 

 
 

 

 
 

 

 
 

98,959

 
 

 

 
 

Other non-current liabilities

 
 

 

 
 

49,848

 
 

 

 
 

 

 
 

 

 
 

49,142

 
 

 

 
 

Total non-current liabilities

 
 

 

 
 

145,129

 
 

 

 
 

 

 
 

 

 
 

148,101

 
 

 

 
 

Total liabilities

 
 

 

 
 

290,437

 
 

 

 
 

 

 
 

 

 
 

302,083

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Commitments and contingencies

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Shareholders' equity:

 
 

 

 
 

 

 
 

 

 
 

Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 15,550,061 and 15,943,425 shares issued and outstanding, respectively

 
 

 

 
 

73,812

 
 

 

 
 

 

 
 

 

 
 

64,849

 
 

 

 
 

Accumulated deficit

 
 

 

 
 

(214

 
 

)

 
 

 

 
 

 

 
 

(3,068

 
 

)

 
 

Accumulated other comprehensive loss

 
 

 

 
 

(11,452

 
 

)

 
 

 

 
 

 

 
 

(11,109

 
 

)

 
 

Total shareholders' equity

 
 

 

 
 

62,146

 
 

 

 
 

 

 
 

 

 
 

50,672

 
 

 

 
 

Total liabilities and shareholders' equity

 
 

$

 
 

352,583

 
 

 

 
 

 

 
 

$

 
 

352,755

 
 

 

 
 
                                                                                                                                                                                                                                                                                                     
 

  Apple Inc.  

 

  CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)  

 

(In millions)

 
  
 

 

 
 

  Twelve Months Ended  

 
 

 

 
 

  September 30,  
2023  

 
 

 

 
 

  September 24,  
2022  

 
 

Cash, cash equivalents and restricted cash, beginning balances

 
 

$

 
 

24,977

 
 

 

 
 

 

 
 

$

 
 

35,929

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Operating activities:

 
 

 

 
 

 

 
 

 

 
 

Net income

 
 

 

 
 

96,995

 
 

 

 
 

 

 
 

 

 
 

99,803

 
 

 

 
 

Adjustments to reconcile net income to cash generated by operating activities:

 
 

 

 
 

 

 
 

 

 
 

Depreciation and amortization

 
 

 

 
 

11,519

 
 

 

 
 

 

 
 

 

 
 

11,104

 
 

 

 
 

Share-based compensation expense

 
 

 

 
 

10,833

 
 

 

 
 

 

 
 

 

 
 

9,038

 
 

 

 
 

Other

 
 

 

 
 

(2,227

 
 

)

 
 

 

 
 

 

 
 

1,006

 
 

 

 
 

Changes in operating assets and liabilities:

 
 

 

 
 

 

 
 

 

 
 

Accounts receivable, net

 
 

 

 
 

(1,688

 
 

)

 
 

 

 
 

 

 
 

(1,823

 
 

)

 
 

Vendor non-trade receivables

 
 

 

 
 

1,271

 
 

 

 
 

 

 
 

 

 
 

(7,520

 
 

)

 
 

Inventories

 
 

 

 
 

(1,618

 
 

)

 
 

 

 
 

 

 
 

1,484

 
 

 

 
 

Other current and non-current assets

 
 

 

 
 

(5,684

 
 

)

 
 

 

 
 

 

 
 

(6,499

 
 

)

 
 

Accounts payable

 
 

 

 
 

(1,889

 
 

)

 
 

 

 
 

 

 
 

9,448

 
 

 

 
 

Other current and non-current liabilities

 
 

 

 
 

3,031

 
 

 

 
 

 

 
 

 

 
 

6,110

 
 

 

 
 

Cash generated by operating activities

 
 

 

 
 

110,543

 
 

 

 
 

 

 
 

 

 
 

122,151

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Investing activities:

 
 

 

 
 

 

 
 

 

 
 

Purchases of marketable securities

 
 

 

 
 

(29,513

 
 

)

 
 

 

 
 

 

 
 

(76,923

 
 

)

 
 

Proceeds from maturities of marketable securities

 
 

 

 
 

39,686

 
 

 

 
 

 

 
 

 

 
 

29,917

 
 

 

 
 

Proceeds from sales of marketable securities

 
 

 

 
 

5,828

 
 

 

 
 

 

 
 

 

 
 

37,446

 
 

 

 
 

Payments for acquisition of property, plant and equipment

 
 

 

 
 

(10,959

 
 

)

 
 

 

 
 

 

 
 

(10,708

 
 

)

 
 

Other

 
 

 

 
 

(1,337

 
 

)

 
 

 

 
 

 

 
 

(2,086

 
 

)

 
 

Cash generated by/(used in) investing activities

 
 

 

 
 

3,705

 
 

 

 
 

 

 
 

 

 
 

(22,354

 
 

)

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Financing activities:

 
 

 

 
 

 

 
 

 

 
 

Payments for taxes related to net share settlement of equity awards

 
 

 

 
 

(5,431

 
 

)

 
 

 

 
 

 

 
 

(6,223

 
 

)

 
 

Payments for dividends and dividend equivalents

 
 

 

 
 

(15,025

 
 

)

 
 

 

 
 

 

 
 

(14,841

 
 

)

 
 

Repurchases of common stock

 
 

 

 
 

(77,550

 
 

)

 
 

 

 
 

 

 
 

(89,402

 
 

)

 
 

Proceeds from issuance of term debt, net

 
 

 

 
 

5,228

 
 

 

 
 

 

 
 

 

 
 

5,465

 
 

 

 
 

Repayments of term debt

 
 

 

 
 

(11,151

 
 

)

 
 

 

 
 

 

 
 

(9,543

 
 

)

 
 

Proceeds from/(Repayments of) commercial paper, net

 
 

 

 
 

(3,978

 
 

)

 
 

 

 
 

 

 
 

3,955

 
 

 

 
 

Other

 
 

 

 
 

(581

 
 

)

 
 

 

 
 

 

 
 

(160

 
 

)

 
 

Cash used in financing activities

 
 

 

 
 

(108,488

 
 

)

 
 

 

 
 

 

 
 

(110,749

 
 

)

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Increase/(Decrease) in cash, cash equivalents and restricted cash

 
 

 

 
 

5,760

 
 

 

 
 

 

 
 

 

 
 

(10,952

 
 

)

 
 

Cash, cash equivalents and restricted cash, ending balances

 
 

$

 
 

30,737

 
 

 

 
 

 

 
 

$

 
 

24,977

 
 

 

 
 

 

 
 

 

 
 

 

 
 

 

 
 

Supplemental cash flow disclosure:

 
 

 

 
 

 

 
 

 

 
 

Cash paid for income taxes, net

 
 

$

 
 

18,679

 
 

 

 
 

 

 
 

$

 
 

19,573

 
 

 

 
 

Cash paid for interest

 
 

$

 
 

3,803

 
 

 

 
 

 

 
 

$

 
 

2,865

 
 

 

 
 

 

 

  

  

  Press Contact:  
Josh Rosenstock
Apple
jrosenstock@apple.com  
(408) 862-1142

 

  Investor Relations Contact:  
Investor Relations
Apple
investor_relations@apple.com  
(408) 974-3123

 

News Provided by Business Wire via QuoteMedia

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  BlackBerry Logo Black (PRNewsfoto/Blackberry Limited) 

 

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  About BlackBerry  

 

 BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world.  The company secures more than 500M endpoints including over 215M vehicles.  Based in Waterloo, Ontario , the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint management, endpoint security, encryption, and embedded systems.  BlackBerry's vision is clear - to secure a connected future you can trust.

 

 BlackBerry. Intelligent Security. Everywhere.

 

For more information, visit BlackBerry.com and follow @BlackBerry.

 

  Trademarks, including but not limited to BlackBerry and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved.  All other trademarks are the property of their respective owners.  BlackBerry is not responsible for any third-party products or services.  

 

  About Solutions Granted Inc.  

 

Solutions Granted is a Master Managed Security Services Provider (Master MSSP). They offer cybersecurity solutions to North American MSPs and MSSPs and are committed to delivering solutions without requiring minimums, commitments, or long-term contracts. They proudly offer many security layers as well as a 24x7 U.S.-based Security Operations Center (SOC). Over the past several years, Solutions Granted has emerged as a clear leader in the channel, by winning countless awards including the CRN Security 100 list, Top 100 MSSP List, Top Global MSSP List, and BlackBerry MSSP Partner of the Year. Learn more at https://www.SolutionsGranted.com  

 

  Media Contacts:  

 

 BlackBerry Media Relations

 

+1 (519) 597-7273

 

  mediarelations@BlackBerry.com  

 
 
 

 Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/blackberry-extends-partnership-with-leading-managed-security-services-provider-mssp-to-ensure-smbs-are-set-up-for-cyber-success-301803800.html  

 

SOURCE BlackBerry Limited

 
 

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