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

QUALCOMM

Hedge fund managers are always buying and selling shares of stocks in their portfolios, whether to rebalance them or take advantage of market pricing opportunities.

This Hedge Fund Sold $6.2 Billion of Nvidia to Buy These 2 Stocks Instead

Apple's iPhone 16 sales in China look to have got off to a good start despite not having artificial-intelligence capabilities enabled.

Apple Stock Gains. Here's What's Driving Shares Higher.

Apple Inc (NASDAQ:AAPL, ETR:APC)'s latest iPhone 16 model has received a warmer reception in China compared to last year's iPhone 15 model. According to Counterpoint Research shared by Bloomberg, the iPhone 16 sold 20% more units in the first three weeks of its China launch than the 15 did in the same post-launch period.

Apple shakes off tetchy iPhone 16 launch as Chinese demand surges

24/7 Wall St. Insights iPhone sales have surged in China, the world's biggest smartphone market.

Apple iPhone Demand Surges 20% in China

Microsoft

NVIDIA

These technology companies are leading the pack and could continue to do so for years to come.

3 Leading Tech Stocks to Buy in 2024 and Beyond

Chinese consumers had previously shown relatively little interest in the iPhone 15, which was criticized for a lack of new features

Apple's iPhone 16 is selling 20% faster in China than its predecessor

Apple stock (NASDAQ: AAPL) has fared reasonably well this year, rising approximately 23% since January. With a current market cap of $3.5 trillion, Apple retains its title as the world's most valuable company, just edging out Nvidia.

$5 Trillion Valuation Within Reach For Apple Stock?

Apple Inc's new iPhones got off to a strong start in China, with their sales rising 20% in their first three weeks since their launch compared with its 2023 model, according to data from research firm Counterpoint.

Apple's new iPhone sales in China jump 20% in first 3 weeks, Counterpoint says

Trump made the comment while speaking with podcaster Patrick Bet-David in a program that was released on Thursday.

Trump says Apple's Tim Cook called him — here were the CEO's concerns

Republican U.S. presidential candidate Donald Trump said he received a call from Apple CEO Tim Cook over concerns about the financial penalties that have been imposed by the European Union on the iPhone maker.

Trump says Apple CEO Cook called him with concerns about EU penalties

Apple Inc. ( NASDAQ: AAPL ) has long held an attraction for its ergonomic approach towards computing and communications among students and tech-minded users.

Apple Inc. (AAPL) Price Prediction and Forecast 2025-2030

Alphabet

Google is “very likely” to be barred from paying billions to Apple to ensure its search engine is enabled by default on iPhones after its stunning loss to the Justice Department in a landmark antitrust trial, according to analysts at Jefferies.

DOJ antitrust win over Google will ‘very likely' kill $25B iPhone search deal with Apple: Jefferies

AAPL has surged 34% since April, outperforming the broader market and showing bullish momentum. In Q3 2024, services revenue rose to 28.23% of total sales, up from 25.93% YoY. Apple's installed user base reached 1.56 billion in 2024, growing ~6.85% YoY, driving services revenue growth.

Can Apple's Services Segment Offset iPhone Weakness? (Rating Upgrade)

SPDR Dow Jones Industrial Average ETF

Goldman Sachs

Honeywell

JPMorgan Chase & Co

McDonald's

The Dow Jones rallies to new highs on a solid start to third-quarter earnings. We have highlighted the five best stocks that led the ETF higher over the past week.

5 Stocks That Led Dow ETF to New Heights

I maintain a "Sell" rating on Apple stock due to a lack of margin of safety and a potentially negative reaction to the upcoming Q4 report. Despite record revenues and strong service growth, I expect weak Q4 FY2024 earnings, with low demand for new iPhone models as indicated by wait time data. AAPL's valuation premium is high, trading at 31 times next year's earnings, which is significantly above the historical average, raising concerns about future growth.

Apple's Q4 2024 Earnings May Disappoint You

IDC recently estimated that iPhone shipments rose 3.5% in the third quarter. Analysts are optimistic about Apple's iPhone 16 sales going into the holiday season.

Tim Cook is having a great week as Apple stock hovers within reach of record high

Amazon

Broadcom

Griffin aggressively added to his hedge fund's positions in all three of these top AI stocks in Q2.

Billionaire Ken Griffin's Top 3 Artificial Intelligence (AI) Stocks: Are They Buys Now?

Apple Chief People Officer Carol Surface is leaving after less than two years, Bloomberg reports. Surface's exit adds to the number of top-ranking employees set to leave or switch roles soon.

Apple's chief people officer, who reports directly to Tim Cook, is leaving the company after less than 2 years

Apple worked with a Chinese automaker for years to design a battery system for its now-canceled car project.

Apple reportedly worked with a Chinese automaker to develop a battery for its now-canceled car

Despite the ceaseless concerns stemming from what some strategists have described as a growing list of risks, the U.S. stock market has been exceptionally strong in 2024.

Wall Street expert reveals three companies to hit $4 trillion in 2025

Apple (AAPL) shares are likely to remain on watchlists Wednesday after the stock briefly touched a new record high yesterday, the same day the tech giant unveiled the latest version of its Apple Intelligence-compatible iPad Mini.

Watch These Apple Price Levels as Stock Trades Near Record High

Apple stock experienced a 30.1% rally after my "buy" recommendation but has since slowed, prompting a downgrade to "hold" near all-time highs. Despite solid Q3 earnings, including revenue and EPS beats, Apple's forward valuation metrics suggest limited upside compared to other MAG-7 stocks. Apple's price-book ratio of 52.74x is high, making Alphabet and other MAG-7 stocks more attractive on a relative valuation basis.

Apple: Limited Gains Ahead (Rating Downgrade)

Apple (AAPL) shares rose Tuesday, briefly touching a new record high, as the tech giant unveiled another new product: its newest iPad Mini.

Apple Stock Rises to Fresh Record as Company Announces New iPad Mini

Investors have struggled to get a clearer picture of the outlook for iPhone demand.

Apple Stock Is on the Cusp of a Record High. The iPhone Outlook Might Be Shifting.

The world's largest company got even bigger Tuesday, as Apple set a new record share price as the Silicon Valley titan enjoys an extended bump from the release of the artificial intelligence-forward iPhone 16.

News for Apple Stock (AAPL)