Americas

Europe

Greater China

Japan

Rest of Asia Pacific

Net Sales by Geography

Revenue segments as reported by the company.

iPhone

iPad

Services

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Apple

Apple Music is a music and video streaming service developed by Apple Inc. Users select music to stream to their device on-demand, or they can listen to existing, curated playlists. The service also includes the Internet radio station Beats 1, that broadcasts live to over 100 countries 24 hours a day. The service was announced on June 8, 2015, and launched on June 30, 2015 in over 100 countries worldwide. New subscribers get a three-month free trial period before the service becomes paid-only.

Apple Music

Apple Watch is a line of smartwatches designed, developed, and marketed by Apple Inc. It incorporates fitness tracking and health-oriented capabilities with integration with iOS and other Apple products and services.

Apple Watch

Apple TV is a digital media player and microconsole developed and sold by Apple Inc. It is a small network appliance and entertainment device that can receive digital data from a number of sources and stream it to a capable television.

Apple TV

Beats by Dr. Dre (Beats) is a leading audio brand founded in 2006 by Dr. Dre and Jimmy Iovine. Through its family of premium consumer headphones, earphones and speakers, Beats has introduced an entirely new generation to the possibilities of premium sound entertainment. The brand’s continued success helps bring the energy, emotion and excitement of playback in the recording studio back to the listening experience for music lovers worldwide. Beats was acquired by Apple Inc. in July 2014.

Beats by Dre

Shazam Entertainment Ltd. is a British app development company that created an app that can identify music, movies, advertising, and television shows, based on a short sample played and using the microphone on the device. On December 11, 2017, the company was bought by Apple Inc.The software is available for Android, macOS, iOS, watchOS and tvOS. Shazam Entertainment Limited was founded in 1999 by Chris Barton, Philip Inghelbrecht, Avery Wang, and Dhiraj Mukherjee.

Shazam

Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other varieties of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The Americas segment includes North and South America. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. The Greater China segment comprises China, Hong Kong, and Taiwan. The Rest of Asia Pacific segment includes Australia and Asian countries. Its products and services include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, AppleCare, iCloud, digital content stores, streaming, and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak in April 1976 and is headquartered in Cupertino, CA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Apple reports record revenue, Services shine amidst challenges and opportunities

Apple's Q1 2023 performance was marked by record revenue, strong Services growth, and challenges in iPhone and Mac sales.
The company's commitment to innovation, customer loyalty, and market expansion positions it well for future growth.
Despite industry challenges, Apple's strategic focus on premium products, services, and emerging markets presents significant opportunities.

Apple reports record revenue in Q2 2023, eyes growth opportunities

Apple's Q2 2023 performance was driven by record revenue, strong Services, and iPhone sales, despite challenges in Mac and iPad segments.
The company's focus on customer satisfaction, innovation, and growth in emerging markets presents opportunities for future expansion.
Investors are monitoring Apple's growth rates closely, while the company remains optimistic about its outlook and opportunities for improvement.
Overall, Apple's performance in Q2 sets a positive tone for the June quarter, with stable gross margins and potential for growth in various segments.

Apple beats Q3 revenue expectations, eyes growth in India and AI innovation

Apple's Q3 performance exceeded expectations, driven by strong iPhone sales and record Services revenue. Challenges include anticipated revenue declines in Mac and iPad segments. Opportunities in expanding markets like India and leveraging AI for innovation.

Apple reports record Q4 earnings, eyes growth in innovation

Apple's Q4 2023 performance showcased strong revenue and profitability, driven by iPhone and Services growth.
While facing challenges in Mac and iPad revenue, Apple's focus on sustainability and innovation positions it for future success.
Opportunities lie in continued growth across product lines, technological advancements, and operational enhancements.
Overall, Apple's strategic focus on revenue diversification, sustainability, and innovation sets a solid foundation for future growth.

Apple reports record Q1 earnings, eyes growth in enterprise and China

Apple delivered a strong financial performance in Q1 2024, driven by robust iPhone sales, record services revenue, and margin expansion.
While facing challenges in certain product segments and short-term disruptions, Apple remains optimistic about growth opportunities in emerging markets and enterprise.
The company's commitment to innovation, environmental sustainability, and social impact underpins its strong brand image and customer loyalty.
With a focus on generative AI, maintaining investment levels, and expanding into new markets, Apple aims to sustain growth and profitability in the long term.

Apple reports Q2 revenue growth, faces iPhone challenges, eyes opportunities

Apple's Q2 2024 performance showcased strong revenue and EPS records, with notable growth in Services.
While facing challenges in iPhone and iPad revenue, Apple's focus on sustainability and innovation remains strong.
Opportunities in generative AI, emerging markets, and enterprise applications position Apple for future growth.
Strategies to address challenges and capitalize on strengths will be crucial for Apple's continued success in the market.

Apple reports record Q3 revenue, Services shine amid product challenges

Apple delivered a strong performance in Q3 2024, achieving record revenues and EPS, with notable growth in Services and select product categories. The company's commitment to innovation, privacy, and global expansion underpins its strategic direction.
While facing challenges in certain product segments, Apple's strengths in Services, brand reputation, and shareholder returns position it well for future opportunities. Balancing growth, innovation, and operational excellence will be key to navigating potential risks.
Overall, Apple's Q3 performance reflects a mix of successes and challenges, highlighting the need for continued strategic focus on product innovation, market expansion, and sustainable practices to drive long-term value for shareholders and customers.

Apple posts record Q4 revenue, Services shine amid challenges

Apple's Q4 2024 earnings reflect a robust performance driven by record revenue and strong growth in key product segments.
While facing challenges in certain areas, Apple's strategic strengths in Services, innovation, and content offerings position the company well for future growth.
Opportunities lie in expanding services, leveraging Apple Intelligence features, and tapping into emerging markets for sustained revenue growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Apple's earnings weren't the disaster some feared and the tech giant even sweetened the deal for investors with a $110 billion stock buyback.

Apple Earnings Were a Big Relief. But Here's What Wall Street Is Saying.

Amazon

Alphabet

US Antitrust Cases Against Big Tech, Explained

Bank of America

An aggregate return north of 4,900,000% in Berkshire Hathaway's Class A shares (BRK.A) since Warren Buffett became CEO has earned him quite the following on Wall Street. Portfolio concentration has been the key ingredient to Buffett's long-term outperformance.

52% of Warren Buffett's $372 Billion Portfolio Is Invested in These 2 Magnificent Stocks

For most of the past year and a half, Apple Chief Executive Tim Cook has fielded questions from Wall Street analysts about his plans for artificial intelligence amid grumbling that the iPhone maker has no AI story to tell.

Apple aims to tell an AI story without AI bills

Tesla

Apple stock gives the S&P 500 and Nasdaq Composite indexes a big boost. Shares of Tesla, however, are lagging Friday.

Tesla Stock Dips. Apple Isn't Lifting Everything.

Advanced Micro Devices

GlaxoSmithKline

Mitsubishi Electric Corp

NVIDIA

Yesterday, the biggest company in the world in terms of market cap reported its latest earnings. But Apple Inc. is far from the only blue chip stock around.

5 best blue chip stocks to invest in for sustainable gains in May – excluding Apple Inc. (AAPL)

Apple on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented $110 billion share buyback.

Apple profit ebbs as iPhone sales under pressure

Apple Inc (NASDAQ:AAPL, ETR:APC) shares surged in after-hours trading following the tech giant's robust fiscal 2Q 2024 earnings report, which surpassed expectations and showcased resilience despite a drop in iPhone sales. The company reported earnings per share (EPS) of $1.53, exceeding estimates of $1.50, while sales reached $90.8 billion, surpassing the estimated $90 billion.

Apple soars after $110bn buyback on the heels of strong quarter

Costco

W.W. Grainger

Johnson & Johnson

Procter & Gamble

Expected dividend increases in May 2024 for Cardinal Health, Lowe's Companies, Medtronic, Chubb Limited, and LyondellBasell Industries N.V.

5 Expected Dividend Increases In May 2024

The legendary investor and his longtime partner, Charlie Munger, changed their stripes for a tech stock. Now, the size of the stake is worrying some Berkshire shareholders.

Apple Is Buffett's Best Investment. It's Also Now One of His Riskiest.

The bar was, arguably, low coming into Apple's latest earnings report. And the tech giant stepped over that bar, spurring investors to breathe a sigh of relief, sending shares up 6% higher in the wake of the post-earnings-close announcement.

Apple's Quarter Beat Muted Expectations, but China and AI Battlefields Loom Large

Tech giant Apple has recorded the biggest drop in iPhone sales since the early months of the COVID pandemic.

Apple reports biggest drop in iPhone sales since early months of pandemic - and reveals AI plans

Apple shares jumped after the company's earnings report on Thursday even though iPhone sales dropped more than expected.

Apple's falling iPhone sales don't bother Wall Street so long as margins, buybacks are increasing

The headline numbers for Apple (AAPL) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Apple (AAPL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

After Apple (AAPL) reported fiscal second-quarter earnings that beat analysts' estimates and announced a $110 billion share buyback program, company leaders joined the iPhone maker's earnings call to discuss opportunities related to artificial intelligence (AI), Apple's upcoming product announcement, growth in its Services segment, and addressed China sales concerns.

4 Key Takeaways From Apple's Earnings Call (AAPL)

With its shares down over 10% this year, and iPhone sales down as well, Apple Inc.'s big plan to restore investor confidence is a $110 billion stock buyback and a 4% dividend increase.

Forget AI. Apple's plan to restore confidence is a $110 billion stock buyback.

Apple Inc. (NASDAQ:AAPL ) Q2 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Suhasini Chandramouli - Director of Investor Relations Tim Cook - Che Executive Officer Luca Maestri - Chief Financial Officer Conference Call Participants Mike Ng - Goldman Sachs Wamsi Mohan - Bank of America Erik Woodring - Morgan Stanley Ben Reitzes - Melius Krish Sankar - TD Cowen Amit Daryanani - Evercore David Vogt - UBS Samik Chatterjee - JPMorgan Aaron Rakers - Wells Fargo Richard Kramer - Arete Research Atif Malik - Citi Suhasini Chandramouli Good Afternoon, and welcome to the Apple Q2 Fiscal Year 2024 Earnings Conference Call. My name is Suhasini Chandramouli, Director of Investor Relations.

Apple Inc. (AAPL) Q2 2024 Earnings Call Transcript

Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6% in extended trade.

Apple unveils record $110 billion buyback as results beat low expectations

Coinbase

Block

While Apple mildly beat estimates, Block, Coinbase, Booking and Expedia all crushed expectations.

Big Quarterly Beats After the Bell: AAPL, SQ, COIN & More

Apple's chief financial officer Luca Maestri challenged investor worries over an 8% drop in China revenue, by noting that sales in other emerging markets are growing.

Apple CFO tells investors to pay attention to emerging markets, not falling China sales

Apple (AAPL) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.51 per share. This compares to earnings of $1.52 per share a year ago.

Apple (AAPL) Beats Q2 Earnings and Revenue Estimates

Apple shares saw a boost in aftermarket trading after beating Wall Street's estimates with a year-over-year sales decline of 4.3%, while iPhone sales remain flat.

Apple sales fall less than expected, beating Wall Street estimates

Apple is boasting about its "services" revenue in Q2. It didn't boast about iPhone sales, which declined.

Apple can't tell you iPhone sales are booming, so it's talking about 'services.' That's a problem.

Consumer electronics giant Apple narrowly beat Wall Street's estimates for its fiscal second quarter. Apple stock rose on the news.

Apple Edges Above Wall Street's Targets And Hikes Dividend, Share Buybacks

The company continues to lean on customers' appetite for apps and services, as demand for its devices weakens.

News for Apple Stock (AAPL)