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 Inc.'s $89.5 billion in quarterly revenue is nothing to sneeze at, but it also illustrates some of the challenges of being a mature company.

Apple shows its ‘massive battleship' is getting tougher to move

A subdued outlook indicates that investors' fears over the iPhone cycle and China aren't misplaced.

Investors Aren't Buying Apple's New iPhone

Block

Shares of Block Inc. SQ, +7.37% soared 18% after the Jack Dorsey-backed parent of fintech company Square set its sights on 2024 adjusted EBITDA of $2.4 billion, far outpacing analyst expectations around $1.94 billion.

Apple stock drops on poor China sales as Block shares surge after fintech sets out 2024 forecast

Apple's sales remained on a downward slope during the summer, resulting in a full year of declining revenue at the technology trendsetter with a long history of steady growth that turned it into the world's most valuable publicly traded company.

Apple's sales fall for the fourth straight quarter despite a strong start for latest iPhones

Concerns about the country's slow economic recovery and increasing competition are weighing on the tech giant's stock.

China's Taken a Bite Out of Apple. There's No Quick Fix.

In the wake of Apple Inc (NASDAQ:AAPL)'s third-quarter numbers, a consensus seems to be emerging: look past the ephemeral concerns and consider the enduring strengths of the tech behemoth. Despite a revenue dip in its latest quarter, Apple's foundational sectors, such as iPhone sales and services, are showing promise of sustainable growth.

Apple's long-term growth story still intact, says tech-focused investment bank

Automatic Data Processing

Applied Materials

Amphenol

Blackrock Inc

Costco

Cintas Corp

Graco

Home Depot

Intuit

Jack Henry & Associates

Lowe's

Mastercard

Monolithic Power Systems

Microsoft

Northrop Grumman

Roper Technologies

Charles Schwab

Sherwin-Williams

Tractor Supply

Vanguard Dividend Appreciation ETF

There are 20 stocks on my dividend growth watchlist for October 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks would have outperformed the Vanguard Dividend Appreciation ETF by more 4% year-to-date.

Dividend Growth Stock Watchlist - November 2023

Apple Inc (NASDAQ:AAPL) after Thursday's closing bell reported fourth quarter sales and profits that exceeded Wall Street analysts' expectations as increased iPhone sales offset a decline in Mac and iPad revenues.  For the quarter ended September 30, 2023, Apple reported revenue of $89.5 billion, ahead of estimates of $89.03 billion but below sales of $90.15 billion achieved in the same period in 2022.

Apple earnings top estimates as iPhone sales tick up

Apple Inc. (NASDAQ:AAPL ) Q4 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Suhasini Chandramouli - Director of Investor Relations Tim Cook - CEO Luca Maestri - CFO Conference Call Participants Michael Ng - Goldman Sachs Group Aaron Rakers - Wells Fargo Securities Erik Woodring - Morgan Stanley David Vogt - UBS Amit Daryanani - Evercore ISI Harsh Kumar - Piper Sandler Wamsi Mohan - Bank of America Krish Sankar - TD Cowen Ben Reitzes - Melius Research Richard Kramer - Arete Research Operator Good day, and welcome to the Apple Q4 Fiscal Year 2023 Earnings Conference Call. Today's call is being recorded.

Apple Inc. (AAPL) Q4 2023 Earnings Call Transcript

Apple indicated on Thursday that investors shouldn't expect revenue growth in the December quarter, the busiest and most important time of the year for its business.

Apple lacks a clear path to growth this holiday season after four straight quarters of shrinkage

Apple's services notched double-digit revenue growth in the quarter, and management pointed to continued consumer enthusiasm for content, subscriptions and payments.  CEO Tim Cook noted on the earnings call Thursday (Nov. 2) that in services, “We set an all-time revenue record with double-digit growth and ahead of our expectations during the September quarter.

Apple Paid Subscriptions Top 1 Billion, Doubling in Three Years

Apple Inc. Chief Executive Tim Cook says his company is “investing quite a bit” in generative artificial intelligence, the AI technology popularized by OpenAI's ChatGPT.

Apple ‘investing quite a bit' in generative AI, but its CEO is being tight-lipped

Though Apple's revenue fell 1% year over year, a closer look at the company's underlying business trends reveals plenty of promise. Apple's services revenue rose 16% year over year.

Apple Earnings Highlight Double-Digit Earnings Growth

WENZHOU, China--(BUSINESS WIRE)--Apple® today previewed Apple MixC Wenzhou, the company's first store in this dynamic city and the fourth in China's Zhejiang province. The new store reflects Apple's deep commitment to accessible and sustainable design — including universal design elements and plant-based materials — creating an inviting and inclusive space for everyone. “We're excited to be expanding to reach even more customers with the opening of Apple MixC Wenzhou, and we're proud of the dee.

Apple MixC Wenzhou opens for customers this Saturday, November 4, in China

Apple Inc. could potentially see a fifth straight decline in year-over-year quarterly revenue, a grim milestone not seen going back to at least 1998.

Apple's grim streak of revenue declines could continue into the holidays

Amazon

Alphabet

NVIDIA

Tesla

CNBC's Jim Cramer on Thursday reaffirmed his faith in the "Magnificent Seven" tech stocks, saying they have recovered from their earnings season sell-offs.

Jim Cramer praises 'Magnificent Seven' stocks, says last week's mega-cap tech sellers missed out

Bond yield rates came down notably from their multi-year highs, with the 2-year back below 5% and the 10-year down to 4.663%.

Markets Up Big Again; Apple (AAPL) Beats Modestly

Revenue from iPhone sales reached a new record due to high demand in China and emerging markets, the company announced on Thursday. However, the high Q3 revenue was not enough to reverse the down trend in Apple's overall performance, which slid again.

Record third quarter iPhone revenue but Apple's overall Q3 sales down

Tim Cook tried to take a cheery note on demand for the iPhone in China during Apple's earnings call. Apple faces increased competition from Huawei, which released a new phone in China in September.

Tim Cook says he's still 'optimistic' about China longterm as questions swirl about iPhone 15 demand as competition heats up

Apple reported better than expected iPhone sales but Mac and iPad sales missed and the company's weaker-than-expected holiday forecast caused its shares to slide.

Apple shares slide as holiday forecast misses expectations

Lance Roberts is chief editor of the Real Investment Report, a weekly subscriber based-newsletter that is distributed globally. He also writes a daily blog at Real Investment Advice.

This market pro likes the ‘Magnificent Seven' but thinks stocks are on thin ice

Apple faces an uneven economic recovery in China, a key market for Apple.

Apple Q4 sales fall as big drop in Mac, iPad revenue offsets rise in iPhone sales

Apple's (AAPL) revenue fell slightly compared with the year-ago quarter for the fourth consecutive quarter.

Apple Services Revenue Climbs in Q4, Despite Companywide Revenue Decline

The world's most valuable company saw another revenue dip with sales down about 1% at $89.5 billion (a hair above Wall Street expectations) for its fiscal fourth quarter. EPS at $1.46 was up 13% percent year-on-year for the three months ended in September, also a beat.

Apple Revenue Eased Again Last Quarter As Rising Services & IPhone Sales Couldn't Offset Dips Elsewhere; Investors Await Commentary Around IPhone 15, China

Company posts fourth consecutive revenue loss but its shares have been up about 32.5% so far this year

News for Apple Stock (AAPL)