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

Why I decided to revisit the Apple-as-a-semiconductor-company calculations. Estimating equivalent chip prices for the A series and M series chips.

Apple: A Semiconductor Colossus

Parts of big tech can look pretty defensive—especially relative to shakier regional banks or cash-hungry start-ups.

Why the Banking Crisis Has Been Good News for Apple Stock and the Rest of Big Tech

Amazon

Alphabet

Microsoft

Tech giants will likely challenge a new European Union law aimed at reining in their power with the first cases in a potential wave of litigation expected by year-end, one of the EU's top judges said on Friday.

Top EU judge expects a wave of litigation from tech giants against new tech law

Disney

Apple and Disney experienced substantial stock declines amid a sell-off in 2022. However, Apple's immensely successful products will likely continue to boost its lucrative services segment.

Better Buy: Apple vs. Disney

American Express

Bank of America

Chevron

Kraft Heinz

Coca-Cola

Occidental Petroleum

Since becoming Berkshire Hathaway CEO in 1965, Warren Buffett has doubled up the average annualized total return of the S&P 500. Portfolio concentration has been pivotal to Berkshire's steady outperformance.

94% of Warren Buffett's $321 Billion Portfolio Is Invested in Only 4 Sectors

One area of the market that has performed well YTD, and held up over the last month is Tech

3 Big Tech Stocks are Holding Up the Entire Market

XPeng

FedEx

Stocks are trying to stage a rally on Thursday, even as worries persist over Credit Suisse (NYSE: CS ), regional banks, interest rates and more. Going into the last day of the week, investors are looking at hot stocks for tomorrow.

3 Hot Stocks for Tomorrow: Friday Predictions for FDX, XPEV, AAPL

Activision Blizzard

Brookfield Renewable Partners

Brookfield Infrastructure

Blackrock Inc

Canadian Natural Resources

Enbridge

Fortis

Gentex

Home Depot

Kinder Morgan

Magna International

Royal Bank of Canada

Starbucks

SPDR S&P 500 ETF Trust

TELUS

Texas Instruments

Visa

V.F.

At the end of February, we performed our “spring clean-up” in our model portfolios with several trades. My biggest problem with Enbridge is not the dividend safety but rather the growth potential.

Spring Clean-Up And Smith Manoeuvre Is Back! - February Dividend Income Report

If not for last week's Silicon Valley Bank (SVB) collapse almost every conversation in tech seems to be centered around AI and chatbots. In the last few days, Microsoft-backed OpenAI released a new language model called GPT-4.

Apple is reportedly experimenting with language-generating AI

NVIDIA

We're at the beginning of an exploding spending cycle on AI technology. With nearly $100 billion in annual free cash flow, Apple will be a major player in AI.

2 Unstoppable AI Stocks to Buy for the Next Decade

Louisiana-Pacific

Buffett loves to buy back shares of Berkshire Hathaway at attractive prices. He's indicated a willingness to buy Apple stock at levels higher than the tech giant's current price.

The 3 Stocks Warren Buffett Is Most Likely Buying Right Now in Addition to Occidental

Rise in the sector coincides with decline in government bond yields and hopes for a Fed pivot.

Tech Stocks Appear to Be a Haven From the Banking Crisis, for Now

Taiwanese contract manufacturer Foxconn has won an order to make AirPods for Apple Inc and plans to build a factory in India to produce the wireless earphones, two people with direct knowledge of the matter told Reuters.

Exclusive: Apple supplier Foxconn wins AirPod order, plans $200 mln factory in India - source

Appian

Capital One

Gannett Co.

Hilton Worldwide Holdings

Big Tech has made itself at home in the Washington, D.C., area, despite a long-running attempt by the federal government to rein in the industry.

Tech is thriving in D.C.'s backyard — despite lawmakers' efforts to rein in the industry

Apple Inc (NASDAQ:AAPL) is delaying bonuses for some corporate divisions and adopting additional cost-cutting measures in a bid to streamline its operations as market conditions for the tech sector remain challenging, according to a Bloomberg report citing sources with knowledge of the matter. The frequency of bonuses for a portion of Apple's corporate workforce will be reduced from twice a year to annually, with payments occurring only in October, the sources told Bloomberg.

Apple delays bonuses, limits hiring in latest cost-cutting move

Investors are seeking succor from this week's U.S. stock market volatility in shares of some of the most established technology companies in the wake of the collapse of California's Silicon Valley Bank where many startup businesses banked.

Microsoft, Apple and Meta outperform as investors seek safety from SVB chaos in megacap tech stocks

"Apple is still doing probably the best job of any big tech in terms of navigating this storm," Deepwater's Gene Munster said.

Apple will be the safest tech stock over the next 6 months, Gene Munster says

Shares of iPhone maker Apple Inc. ( AAPL , Financial) have been steadily climbing higher since bottoming out back in January 2023. While the relief rally has run out of traction, with shares now commanding a price-earnings ratio of 26.26 (still a tad higher than that of historical averages), Apple stock still seems richly valued and ripe for a pullback.

Apple Stock Looks Expensive, But May Actually Be Cheap

Investors are likely to be undervaluing Apple's services business. China and India should help to fuel the iPhone maker's growth.

A Bull Market Is Coming: 3 Big Reasons to Buy Apple Stock Right Now

The iPhone maker generates around $2.4 million in revenue per employee, a figure its tech peer isn't likely to match.

Apple Hasn't Made Layoffs. Why It's Still More Efficient Than Meta.

Apple's executive turnover raises concerns about stability and the future, while Intel also struggles to keep up with product growth and market placement. Executive turnover is noteworthy and often indicative of major upheavals, but doesn't reflect Apple's overall employee trend.

Can Apple Weather The Storm Of Executive Turnover?

Tesla

Retail investors have been rocking Wall Street's boat like never before. Despite the perception that retail investors love momentum and short squeezes, the three stocks they gravitate to most are traditionally high-growth, well-known companies.

News for Apple Stock (AAPL)