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

Broadcom

The great tech and growth stock rally has been holding up well going into the midpoint of December.

2 Growth Stocks to Buy in December

The iPhone business, which accounts for around half of Apple's overall revenue, is in a sales slump following years of mostly incremental upgrades to its devices.

Apple Plans Thinner, Foldable iPhones to Revive Growth

Microsoft

NVIDIA

One of the most important technological developments in decades is that of artificial intelligence (AI). These next-generation algorithms promise a tidal wave of productivity increases by streamlining and automating time-consuming tasks, resulting in a veritable windfall for those who adopt this groundbreaking technology.

Meet the 3 Supercharged Growth Stocks Poised to Hit $4 Trillion by 2025, According to a Certain Wall Street Analyst

AbbVie

Abbott Labs

Accenture Plc

Adobe

Automatic Data Processing

Amgen

Amazon

Air Products and Chemicals

Boeing

Booking Hlds

Caterpillar

Colgate-Palmolive

Comcast

Chipotle

ConocoPhillips

Costco

Salesforce

Cisco Systems

Corteva Inc

Chevron

DuPont de Nemours

Deere & Company

Danaher

Concentrate on a select few high-conviction stocks across different sectors to avoid "diworsification" and maximize returns, inspired by Charlie Munger and Warren Buffett. Utilize Joel Greenblatt's "Magic Formula" and James O'Shaughnessy's methodologies to screen stocks based on earnings yield and return on total capital. Exclude overly regulated sectors like Utilities, Financials, and REITs to focus on sectors with higher growth potential and less regulatory constraints.

Best Way To Invest $100,000: Build An 8-Stock Portfolio For Growth And Value

Apple CEO Tim Cook will meet Donald Trump on Friday night at the U.S. president-elect's Mar-a-Lago resort in Florida, a source familiar with the matter told Reuters.

Apple CEO Tim Cook to meet with Trump on Friday

The new chip is expected to debut on iPhones and smart home devices in 2025.

Apple Reportedly Working on In-House Bluetooth and Wi-Fi Chip

Alphabet

Members of the House Select Committee on the Chinese Communist Party sent letters to the CEOs of Apple and Alphabet about their responsibilities pertaining to TikTok. The lawmakers said that last week's decision by the U.S. Court of Appeals in Washington, D.C.

Apple and Google instructed by House committee to prepare to dump TikTok next month

Apple (AAPL) remained Morgan Stanley's "Top Pick" heading into 2025, with the Wall Street bank saying that the tech giant's artificial intelligence (AI) product will drive more iPhone upgrades by consumers.

Apple Remains the 'Top Pick' at Morgan Stanley, Which Sees AI Driving iPhone Sales

The chair and top Democrat on a U.S. House of Representatives committee on China on Friday told the CEOs of Google-parent Alphabet and Apple they must be ready to remove TikTok from their U.S. app stores on Jan. 19.

US lawmakers tell Apple, Google to be ready to remove TikTok from app stores on Jan. 19

Tesla

The “Magnificent Seven” group of megacap tech companies reached an unprecedented milestone as their collective valuation exceeded $18 trillion. According to Dow Jones Market Data, their combined worth now surpasses the gross domestic product (GDP) of every country in the world, excluding the United States and China.

Will the ‘Magnificent Seven' continue to lead markets in 2025? Here's what analysts say

The Magnificent 7 – Apple Inc (NASDAQ:AAPL, ETR:APC), Microsoft Corp (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG), Amazon.com Inc (NASDAQ:AMZN), NVIDIA Corp (NASDAQ:NVDA, ETR:NVD), Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) and Tesla Inc (NASDAQ:TSLA) – are set to continue outperforming Wall Street in 2025 after their combined valuation topped $18 trillion, according to Dow Jones Market Data. “The combined market value of the Magnificent Seven now exceeds the annual GDP of every country globally, except for the US and China,” deVere Group CEO Nigel Green noted.

Magnificent 7 poised to dominate Wall Street in 2025 after surpassing $18T valuation

Apple (AAPL) shares are in the spotlight after setting another record closing high Thursday as optimism grows that the iPhone maker's artificial intelligence (AI) features could accelerate 2025 sales growth.

Watch These Apple Price Levels as AI Optimism Propels Stock To Record High

Stock futures were higher early Friday, with the Nasdaq looking to return to gains while and the Dow in position to break its losing streak; chipmaker Broadcom (AVGO) soared as it reported strong revenue growth on surging artificial intelligence (AI) sales; Costco Wholesale (COST) beat earnings estimates in its first report since raising its membership fee; furniture retailer RH (RH) jumped after posting a quarterly profit and raising demand projections; Apple (AAPL) shares moved higher on analyst optimism over the company's AI products.

5 Things to Know Before the Stock Market Opens

American Express

Under the leadership of CEO Warren Buffett, Berkshire Hathaway has become one of history's most successful businesses. The investment conglomerate has a market capitalization of more than $1 trillion, and it currently ranks as the world's 10th most valuable company.

39.5% of Warren Buffett's $300.5 Billion Berkshire Hathaway Portfolio Is Invested in These 2 S&P 500 Dividend Stocks

Apple (AAPL 0.60%) and Tesla (TSLA -1.57%) are two of the largest and most popular stocks among retail and institutional investors. But a few billionaire-led hedge funds sold Apple and bought Tesla during the third quarter.

Apple Stock vs. Tesla Stock: Billionaires Are Buying One and Selling the Other Ahead of 2025

Apple marked the 44th anniversary of its 1980 initial public offering on Thursday, and a $1,000 investment at the time of the IPO would now be worth nearly $2.5 million.

Apple IPO anniversary: How much would a $1,000 investment be worth today?

Apple is planning to switch to a homegrown chip for Bluetooth and Wi-Fi connections for its devices starting next year, a move that will phase out some parts currently supplied by Broadcom , Bloomberg News reported on Thursday.

Apple nears switch to in-house Bluetooth and Wi-Fi chip for iPhone, smart home, Bloomberg reports

Christmas has come early for the group of megacap tech companies known as the Magnificent Seven.

‘Magnificent Seven' hits another milestone. Here's why it could continue to dominate the market in 2025.

United Continental Hlds

United Airlines (UAL) passengers with lost baggage may be reunited with their items more quickly thanks to new integration between the carrier's mobile app andApple (AAPL) AirTag.

United Airlines Integrates Apple AirTag Into App To Help Track Lost Bags

Apple Inc (NASDAQ:AAPL, ETR:APC) is partnering with Broadcom Inc (NASDAQ:AVGO, ETR:1YD) to develop its first server chip designed for AI processing, according to a report from The Information. The report, which cited people with knowledge of the matter, said Apple's AI chip is expected to be ready for mass production by 2026.

Apple working with Broadcom to develop first AI chip: report

Apple Inc. is reportedly developing its own AI chip with Broadcom, potentially disrupting the AI chip market if sold externally. Apple's strong silicon expertise, TSMC partnership, and ability to scale production position it as a formidable competitor in the AI chip space. Nvidia's high margins on datacenter GPUs are at risk if Apple enters the market with competitive pricing and performance.

Apple's AI Chips Could Shake Up The Market (Rating Upgrade)

Wedbush's Dan Ives expects tech stocks to gain another 25% in 2025.

Apple, Microsoft, and Nvidia Will Be Worth $4 Trillion, and More Predictions From a Tech Bull

Customers can now securely share the location of an AirTag or Find My network accessory with United customer service agents through the United app for faster bag recovery and an even better overall travel experience United continues to invest in new infrastructure, training and technology to improve bag handling, resulting in significant improvement in baggage recovery in recent years CHICAGO , Dec. 12, 2024 /PRNewswire/ -- United today announces the integration of Apple's new Share Item Location feature for AirTag into its mobile app, a move that's expected to drive a much-improved customer service experience for the fewer than 1% of customers whose bags arrive on a later flight. Now available with iOS 18.2*, Apple's Share Item Location feature enables United customers everywhere who travel with an AirTag or Find My network accessory to privately, securely, and seamlessly share the accessory location with the airline's customer service team to help locate their luggage in the event that it is mishandled.

United Integrates Apple's New Share Item Location Feature for AirTag

At its annual shareholders meeting on Dec. 10, Microsoft investors will vote on whether or not the business can invest in Bitcoin (BTC 2.45%). Seeing the price of the digital asset soar 1,300% in the past five years and 140% just in 2024 (as of Dec. 9) is certainly drawing the attention of corporate executives who at least acknowledge that it might make sense to hold some Bitcoin on the balance sheet.

4 Brilliant Reasons Why Apple Should Buy Bitcoin

Apple (AAPL -0.52%) and Nvidia (NVDA 3.14%) are the two most valuable companies in the world. Their market caps are each well over $3 trillion, and it may only be a matter of time before there's one worth $4 trillion.

News for Apple Stock (AAPL)