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

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Earnings data Q4 2021

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Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

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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, Delta Airlines, Facebook and Juul are among the companies with pending class action lawsuits.

Apple Poised To Start Paying $500 Million In ‘BatteryGate' Lawsuit Payments —Plus Where Other High-Profile Class Action Suits Stand

Advanced Micro Devices

Intel

Marvell Technology

QUALCOMM

Taiwan Semiconductor Manufacturing

Appaloosa nearly tripled its stockholdings, buying up large positions across the tech and semiconductor industries while selling off shares of energy firms.

Tepper's Appaloosa Bets Big on Tech and Semiconductor Stocks

Microsoft

NVIDIA

New 13F filings show that hedge funds went tech-heavy in the second quarter as the sector continues to outperform.

Hedge Funds Target Tech In Q2, Increasing Positions In Meta Platforms, Microsoft, Nvidia, Apple - Meta Platforms (NASDAQ:META)

How can Wall Street suddenly turn against a “Magnificent Seven” company like Apple (NASDAQ: AAPL )? Analysts and investors can be fickle, but this only presents a dip-buying opportunity with AAPL stock that you might not see again for a while.

Apple Stock Finally Gave You a Dip. Buy It With Both Hands.

Apple, Inc AAPL was dropping about 0.7% on Tuesday, continuing to fall slightly lower within a downtrend pattern after breaking bearishly from a rising channel pattern on Aug. 3.

Apple Stock Consolidates Plunge Dragging S&P 500 Lower: The Bull, Bear Case - Apple (NASDAQ:AAPL)

Wearable Devices shares added more than 20% after the company announced it has completed the manufacturing of its first batch of Mudra Bands for the Apple Inc (NASDAQ:AAPL) Watch, with delivery set to begin in the coming weeks. The Israel-based company, which is developing artificial intelligence-based neural input interface technologies, said that the Mudra Band was initially launched to facilitate the touchless operation of the Apple Watch via neural signals.

Wearable Devices shares surge on imminent delivery of Mudra Bands for Apple Watch

Amazon

Apple and Amazon shares have been on the move since reporting earnings. Apple shares are down nearly 10% after declines across its product segments.

2 Growth Stocks to Buy in August

Alphabet

Tesla

The S&P 500's Magnificent Seven stocks aren't looking so magnificent now. Their August sell-off is costing investors big time.

'Magnificent 7' Stock Meltdown Costs Investors $632 Billion

A low-profile asset manager has been a major winner from the Big Tech stock rally this year. Jennison Associates' stakes in Tesla, Nvidia, Microsoft, Apple, and Amazon have soared in value.

A secretive asset manager had $36 billion riding on just 5 tech stocks including Tesla and Nvidia at the end of June

David Tepper's Appaloosa LP revealed new positions in both Advanced Micro Devices Inc. and Apple Inc. in a Securities and Exchange Commission filing late Monday, while dumping a position in Tesla Inc. it acquired a quarter ago.

Tepper's Appaloosa places big bets on Apple and AI chipmakers Nvidia and AMD, while dropping Tesla

Apple is planning to release a new model of the Apple Watch for the device's 10-year anniversary. Its set to launch in 2024 or 2025 and include a major redesign of the current Apple Watch, Bloomberg reported.

Apple is reportedly working on the Watch's biggest redesign yet: the 'Watch X'

The global market for Smart Home devices is expected to reach 857M shipments in 2023, with a projected growth rate of 6.2%. Apple Inc. faces challenges in the Smart Home market, including late entry, fragmented ecosystem, limited device selection, higher price point, and competition from Amazon and Google. Apple is trailing big on every measure - entered in the game three years late with a price tag of $349.

Apple's Untapped Potential: The Home IoT Market Awaits

Apple is reportedly planning a big Apple Watch X upgrade to celebrate the tenth anniversary of the watch.

Apple Watch X coming next year with blood pressure tracking: report

Apple's stock has received mixed ratings since its earnings release, but I remain bullish on its future performance. I believe that the macro-environment is favorable for Apple, with lower interest rates and increased spending expected to drive growth. Despite a decline in revenue, Apple's profitability and its ability to generate value for shareholders through buybacks make it an attractive investment.

Apple: The Dip Is A Long-Term Opportunity Regardless Of Revenue Growth

Choice Hotels Int.

The market is likely to be flat in the coming week. Here are two stock that are suitable for trading in this environment.

Stocks This Week: Buy Choice Hotels And Sell Short Apple

Foxconn's results mirror those of Apple's most recent numbers, which showed a drop in iPhone and iPad sales.

Apple Stock Edges Higher After Foxconn's Earnings. What to Know About the iPhone Maker's Results.

Unity Software

Unity's inclusion in Apple's Vision Pro headset solidifies its position as the go-to platform for developers creating immersive experiences for mixed reality. Unity's revenue growth has been strong, driven by the increasing popularity of real-time 3D content. The integration with Apple's ecosystem could lead to significant financial gains for Unity, including increased revenue from developer seats and a larger addressable ads market.

Apple's Vision Pro May Transform Unity Into An Industry Leader

Berkshire's investment in Apple has been wildly successful. In hindsight, it's obvious why Buffett was attracted to Apple's business.

1 Magnificent Warren Buffett Stock That Turned $10,000 Into $68,000

Ross Stores

Target

With earnings season well underway, investors are watching pretty much every industry closely. Banks, for example, need to show they can continue benefiting from the rising rates cycle, while tech needs to show it's finally returning to consistent growth.

3 Retailers To Watch Closely Next Week

The technology sector, which has been the top-performing sector this year, has seen a minor decline this week. The Invesco QQQ Trust NASDAQ: QQQ has retreated by 1.38% this week.

2 Tech Giants To Buy Amidst The Sector's Pullback

Roblox

The race to dominate the digital frontier is escalating, with the top metaverse stocks taking the lead. With advancing technology, the metaverse concept is gaining more solidity, attracting investors keen to identify the frontrunners.

3 Metaverse Stocks You'll Regret Not Buying Soon

Subscribers to  Chart of the Week  received this commentary on Sunday, August 6.

‘Big Five' Bring the Heat to Summer Earnings Season

Apple Inc.'s valuation is becoming less reasonable, with a TTM P/E of 29.9x and slower growth leading up to the release of the iPhone 15 expected in September. Recent results show stagnant revenue and profit levels, with another decrease in product revenue offset by growth in the service segment. Apple's strong profitability and share repurchases have helped drive EPS growth, but the company needs a new project to invest their cash flows in.

Apple: Is This Maturing Company Still Worth 29.9x P/E?

Global X Robotics & Artificial Intelligence ETF

Renaissance IPO ETF

JPMorgan Ultra-Short Income ETF

SPDR S&P Insurance ETF

First Trust Low Duration Strategic Focus ETF

Proshares Online Retail ETF

Snowflake

Technology Select Sector SPDR Fund

Veteran investor Warren Buffett's Berkshire Hathaway reported second-quarter earnings in late last week. These are lessons we have learnt from the release.

ETF Lessons to Learn from Berkshire Earnings

Wedbush analyst Daniel Ives, a longtime tech bull, sticks with his call for a 12% to 15% gain in the Nasdaq, despite a recent dip in performance.

News for Apple Stock (AAPL)