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

Shares in “Magnificent Seven” component Apple (NASDAQ: AAPL ) stock surged by nearly 54% during 2023. However, a growing number of stockholders have made an exit.

Want to Buy Apple Stock in 2024? Here's Why You Should Wait.

An analyst levied a rare "underweight" rating on Apple stock. Weak demand for iPhones, Macs, and other hardware, coupled with a sluggish services business, has the analyst concerned.

Apple Stock Is a Sell, According to a Wall Street Analyst

Coca-Cola

Lockheed Martin

Apple's staggering profitability could be your key to dividend growth. Lockheed Martin is making the world safer -- and providing ballast to its shareowners' portfolios.

3 Safe Dividend Stocks to Buy in 2024

Apple Inc (NASDAQ:AAPL, ETR:APC) shares fell 3.6% to close at $185.64 on Tuesday after analysts at Barclays downgraded the stock to ‘Underweight' from ‘Neutral,' citing disappointing demand for its iPhone 15. Saying it was time to take a “breather,” the analysts also cut their target price for Apple to $160 from $161.

Apple stock closes nearly 4% lower; shares hit by analyst downgrade

The iPhone maker is under pressure to show it is ready to compete in the field of artificial intelligence.

Apple Heads for Second Day of Losses. What Could Get the Stock Rising Again.

Microsoft

The S&P 500 index is knocking on the door of bull market territory following a strong 2023. Historical data suggests 2024 will be another positive year.

A Bull Market Is Coming: 2 Stock-Split Stocks to Buy as Part of Your New Year's Resolution

American Express

Bank of America

Chevron

Occidental Petroleum

Warren Buffett's biggest holdings include two big winners in 2023 plus several laggards. The list also includes the two stocks that have been in Berkshire Hathaway's portfolio the longest.

Nearly 80% of Warren Buffett's Portfolio Is Invested in These 6 Stocks as 2024 Begins

Most of Berkshire's top holdings underperformed the S&P 500 by a significant margin in 2023. But roughly half of Berkshire's portfolio is invested in a single stock.

Half of Warren Buffett's Top Stocks Lost Money in 2023. Here's Why It Doesn't Matter.

Taiwan Semiconductor Manufacturing

Shares in Apple Inc (NASDAQ:AAPL, ETR:APC) suppliers dropped in Asia following a downgrade by the investment banking arm of Barclays to shares in the iPhone maker amidst concerns over sustained weak demand for its products this year. Taiwan Semiconductor Manufacturing Company (TSMC), a key supplier for Apple and Nvidia, saw a decline of over 2%.

Apple downgrade hits Asian chipmakers

Shares of Apple suppliers fall in Asia on Wednesday after Barclays downgraded Apple on Tuesday.

Shares of Apple suppliers fall in Asia after Barclays downgrades the iPhone maker

Analysts at Barclays are forecasting continued weak demand for Apple's iPhone. That forecast, and the downgrade that came with it, caused Apple's stock to drop 3.6% Tuesday (Jan. 2), the largest one-day percentage drop in months, wiping out more than $107 billion in market value, Bloomberg News reported.

iPhone's Softer Demand Leads Barclays to Downgrade Apple

Amazon

Alphabet

NVIDIA

Tesla

After stellar gains in Magnificent Seven stocks like Nvidia, several IBD Leaderboard names face their first test of 2024.

Magnificent Seven Stocks In 2024: Ready To Rock On — Or Roll Over?

Big technology stocks sank Tuesday, a potentially worrisome omen as the darlings of 2023's explosive gains lost hundreds of billions of dollars of market value.

Apple Stock's Plunge Spurs $300 Billion Big Tech Rout As Nasdaq Heads Toward Worst Day In Months

First Trust Dow Jones International Internet ETF

iShares US Financial Services ETF

Shopify

VanEck Vectors Semiconductor ETF

Visa

Financial Select Sector SPDR Fund

While "Magnificent Seven" rocked the U.S. market in 2023, "Fab Four" will take the forefront, per a Motley Fool article, published on Yahoo Finance.

Will 2024 be a Year of "Fab Four" ETFs Instead of "Magnificent Seven"?

Rallies by the big tech companies lifted the S&P 500 last year, raising concern that the index could fall if that group headed lower.

Why the Magnificent 7 Aren't the Big Risk Everyone Says They Are

Moderna

U.S. equities began the first day of trading in 2024 mixed at midday, amid concerns over tech exports to China and naval military action in the Middle East. The Dow rose slightly, while the S&P 500 and Nasdaq slid.

Midday Movers: Moderna Rises After an Upgrade, While Apple Falls Following Downgrade

The analysts cited recent sales checks that showed weaker demand in China, as well as developed markets.

Apple stock downgraded by Barclays over iPhone sales slowdown

Warren Buffett doesn't mind holding a concentrated portfolio.   Buffett continues to demonstrate an incredible level of conviction in a very small number of stocks.

Warren Buffett's Biggest Bets in 2024: 57.4% of Berkshire Hathaway's $367.5 Billion Stock Portfolio Is Held in Just 2 Stocks

Barclays downgraded 'Magnificent Seven' member Apple Inc (NASDAQ:AAPL) to "underweight" from "equal weight," and issued a modest price-target cut to $161 from $160.

Apple Stock Slips After New Year's Downgrade

Is Al Gore one of the best investors of the century? He should be in the conversation.

Behind Al Gore's $19 Billion Investment Firm and How He Made Millions in Apple Stock

Apple on Tuesday fell nearly 3% to a seven-week low after Barclays downgraded the shares of the world's most valuable firm on concerns demand for its devices from the iPhone to Mac will remain weak in 2024.

Apple hits seven-week low after Barclays downgrade

British bank Barclays hit Apple (NASDAQ: AAPL ) stock with a downgrade this morning, lowering its rating on the iPhone maker to “underweight” from “equal weight.” Barclays noted that the sales of Apple's flagship device have been weak, and the bank does not expect that situation to change anytime soon.

Barclays Is Souring on Apple (AAPL) Stock

Apple stock dipped Tuesday after Barclays analysts cut their rating for the technology giant over concerns Apple shares' record surge can continue with weak iPhone sales, dragging major stock indexes to a bitter start to 2024.

Apple Shares Stagger 3% After ‘Lackluster' iPhone Sales Earns Rare Analyst Downgrade

Apple Inc (NASDAQ: AAPL) had a blockbuster 2023 but it is not very likely to repeat that performance in 2024, as per Tim Long – a Barclays analyst.

Barclays just downgraded Apple stock to ‘underweight'

Apple Inc (NASDAQ:AAPL, ETR:APC) shares started 2024 on the back foot after analysts at Barclays downgraded the stock to ‘Underweight' from ‘Neutral,' citing disappointing demand for its iPhone 15. Saying it was time to take a “breather,” the analysts also cut their target price for Apple to $160 from $161.

News for Apple Stock (AAPL)