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

Alphabet

Indonesia said it has banned sales of smartphones made by Alphabet's Google due to rules requiring the use of locally manufactured components, days after blocking sales of tech giant Apple's iPhone 16 for the same reason.

Indonesia bans sales of Google smartphones days after blocking Apple's iPhone 16

Apple delivered 6.1% revenue growth in Q4, accelerating from previous quarters, driven by robust service growth and the launch of the new AI-enabled iPhone 16 powered by A18 chips. While I remain cautious about Apple's growth prospects in China, the AI Intelligence platform could potentially shorten its hardware replacement cycle and accelerate its revenue growth. I am upgrading to a ‘Buy' rating on AAPL, with a fair value of $240 per share.

Apple Q4: Apple Intelligence And Services To Drive Future Growth, Upgrade To 'Buy'

As Apple Inc. gears up for the critical holiday season, the tech giant faces uncertainty in one of its most important markets — China. While Apple's latest quarterly earnings revealed overall revenue growth, challenges in China, where revenue fell to $15 billion, remain a concern.

Can Apple maintain growth despite China revenue challenges?

Apple outlined its artificial intelligence (AI) strategy during Thursday's earnings call, announcing December plans for ChatGPT integration and expanded language support for its recently launched Apple Intelligence system. The company reported $94.9 billion in quarterly revenue.

Apple Plans December ChatGPT Integration

Apple's services business, which delivers higher margins than hardware, has become a critical part of the company's appeal to Wall Street over the past decade. In its September quarter, the company reported just under $25 billion in services revenue, equaling $100 billion a year.

Apple's services unit is now a $100 billion a year juggernaut after 'phenomenal' growth

Apple Inc. (NASDAQ:AAPL ) Q4 2024 Earnings Conference Call October 31, 2024 5:00 PM ET Company Participants Suhasini Chandramouli - Director, Investor Relations Tim Cook - Chief Executive Officer Luca Maestri - Chief Financial Officer Conference Call Participants Michael Ng - Goldman Sachs Erik Woodring - Morgan Stanley Ben Reitzes - Melius Amit Daryanani - Evercore David Vogt - UBS Wamsi Mohan - Bank of America Krish Sankar - TD Cowen Samik Chatterjee - JPMorgan Richard Kramer - Arete Research Atif Malik - Citi Suhasini Chandramouli Good afternoon, and welcome to the Apple Q4 Fiscal Year 2024 Earnings Conference Call. My name is Suhasini Chandramouli, Director of Investor Relations.

Apple Inc. (AAPL) Q4 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Apple (AAPL) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Apple (AAPL) Q4 Earnings

Apple reported Q4 2024 results that slightly beat estimates and provide some relief at face value following mixed reports about the iPhone 16 launch. China's performance has improved, but continued to underwhelm, and it remains questionable where a growth spurt could come from. At a PEG of 3.5x, AAPL stock remains incredibly expensive. There are defensible qualities that have value, but I cannot reach a fair value above $215.

Apple Earnings: Q4 Results Decent, But Questions Continue Into Q1 2025

Amazon

Intel

Market uncertainty has crept back into market sentiment, and those recent all-time-high closes may for now be a thing of the past.

Markets Slide into Red on Halloween; Plus AAPL, AMZN, INTC Report

Apple (AAPL) came out with quarterly earnings of $1.64 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.46 per share a year ago.

Apple (AAPL) Beats Q4 Earnings and Revenue Estimates

Apple (AAPL) reported fiscal fourth-quarter results after the bell Thursday that beat analysts' revenue expectations but missed on profit.

Apple Nets Record September-Quarter Revenue But Profit Comes in Shy of Estimates

Microsoft

The stock market sold off Thursday, as Wall Street reacted to reports from Meta and Microsoft. Apple and Amazon reported earnings late.

Stock Market Sells Off As Meta, Microsoft Slide; Apple, Amazon Report Earnings Late

Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone

Apple reports robust demand for iPhone 16 even as overall sales in China slow

Apple late Thursday beat Wall Street's estimates for its fiscal fourth quarter. But Apple stock fell in extended trading.

Apple Beats September-Quarter Targets On iPhone, Services

Apple, Amazon, and Intel earnings reveal key industry trends as growth in cloud, iPhone sales, and AI position these tech giants for 2024 competition.

Apple, Amazon, and Intel Earnings: iPhone, Cloud, and AI Drive Growth Amid Key Challenges

Apple Inc (NASDAQ:AAPL, ETR:APC) shares slipped afterhours as its fiscal fourth quarter profit took a hit from a one-time charge related to a tax decision in Europe. The iPhone maker said it paid a one-time charge of $10.2 billion to resolve a long-running tax case in Ireland.

Apple sales top estimates on strong iPhone sales, earnings hit by one-time tax charge

Apple stock, which has risen 25% in 2024 to date but largely tracked the Nasdaq 100 Index, pulled back in after-hours trading after the company released solid but far-from-dazzling quarterly results. Revenue rose 6% from the year-ago period to reach $94.9 billion, nipping Wall Street analysts' estimates.

Apple Shares Retreat After Fiscal Q4 Report Proves Solid But Not Dazzling

Apple reported better than expected revenue Thursday as investors eagerly await evidence of financial growth amid Apple's push to bring generative artificial intelligence to iPhones, though a major tax ruling weighed on the company's profits.

Apple Earnings: Stock Wavers Despite Strong iPhone Sales

Apple's fiscal fourth-quarter results beat Wall Street expectations for revenue and earnings per share but net income slumped after the company paid a one-time charge as part of a tax decision in Europe.

Apple sales rise 6%, company seeing early iPhone 16 demand

Apple reported record revenue for the September quarter, propelled by a modest rebound in iPhone sales that came ahead of its release of new AI tools.

Apple Sales Hit Quarterly Record as iPhone Business Rebounds

Apple beat Wall Street sales and profit expectations on Thursday for its fiscal fourth quarter, bolstered by strong early sales of iPhone 16, a set of phones designed for new AI features that was released near the end of the quarter.

Apple beats Wall Street estimates, supported by iPhone sales

CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® today announced financial results for its fiscal 2024 fourth quarter ended September 28, 2024. The Company posted quarterly revenue of $94.9 billion, up 6 percent year over year, and quarterly diluted earnings per share of $0.97. Diluted earnings per share was $1.64,1 up 12 percent year over year when excluding the one-time charge recognized during the fourth quarter of 2024 related to the impact of the reversal of the European General Court's State Ai.

Apple reports fourth quarter results

Apple (AAPL) will report fiscal fourth-quarter earnings after the market closes on Thursday, with a majority of analysts bullish on the stock going into the company's first report since the iPhone 16's release last month.

What Wall Street Analysts Think of Apple's Stock Ahead of Earnings Thursday

NEW YORK--(BUSINESS WIRE)-- #Apple--B&H is pleased to announce Apple's new iMac, Mac mini, and MacBook Pro models all powered by the latest M4 family of processors. Delivering massive improvements over previous generations, the M4, M4 Pro, and M4 Max opens additional possibilities when it comes to enhancing creative development for business professionals, artists, programmers, and more. Apple 16" Macbook Pro M4 Max https://www.bhphotovideo.com/c/product/1859577-REG/apple_mx313ll_a_16_macbook_pro_m4.

Apple Unveils New M4 Powered iMac, Mac mini, and MacBook Pro; More Info at B&H

Apple and Amazon's upcoming Q3 2024 earnings reports are in the spotlight. Market participants are concerned about rising AI capital expenditures impacting profit margins. Can Amazon rebound from a disappointing Q2?

News for Apple Stock (AAPL)