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

Spotify

Elon Musk's declaration of war on Apple in a series of tweets on Monday gives Spotify and Fortnite maker Epic Games a powerful ally in taking the tech giant to task over its 30% App Store fees.

Spotify, Epic Games get ally in Musk in fight against Apple fees

Mobile payment adoption at Apple is up 52% globally year-over-year in November, while it has fallen 8% at its rival.

Apple Pay Tops PayPal This Holiday Season. It's Adding Users at a 'Rapid' Pace.

Home Depot

Merck

The Dow Jones Industrial Average is down more than 6% year-to-date. With slightly more than half of the index in negative territory for the year, it is easier to come up with three of the top Dow stocks for 2023.

3 Dow Stocks to Take Seriously in 2023

Foxconn is offering big bonuses to entice workers back to its Zhengzhou, China factory after labor unrest over a pay dispute saw employees walk out.

iPhone maker Foxconn entices angry workers in China to return as Apple faces supply crunch

Microsoft

The Battle of Safe Havens is heating up, with all participants moving up over the last couple of months or so. In this note, I'll share my updated view on the Apple vs. Microsoft vs. Treasury bonds debate.

Apple Vs. Microsoft Vs. Treasury Bonds: The Battle Of Safe Havens Round-4

The billionaire Twitter owner is unhappy with the tech giant's 'secret 30% tax.' He's not the first to air such grievances, and he's unlikely to be the last.

Musk Takes on Apple Over App Store Fees. Good Luck, Elon.

Wall Street was mixed on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by U.S. Federal Reserve Chair Jerome Powell that could provide hints about magnitude of future interest rate hikes.

Wall Street mixed as Apple dips and traders eye Powell speech

Twitter's new owner, Elon Musk, has hit out against Apple, suggesting the tech giant is threatening Twitter's presence in the App Store.

Elon Musk has waged war on Apple, claiming the tech giant "hates free speech"

Apple is one of Twitter's top advertisers, and spent $48 million on ads in the first quarter of this year.

Apple spends over $100 million advertising on Twitter annually, report says, amid Elon Musk's growing criticism of the tech giant

The dispute could draw new attention to how speech is monitored on the internet.

Elon Musk's Apple Attack Sets Stage for Public Spat With Risks for Apple, Twitter

Twitter owner Elon Musk on Monday opened fire against Apple over its tight control of what is allowed on the App Store, saying the iPhone maker has threatened to oust his recently acquired social media platform.

Twitter owner Musk signals new 'war' against Apple

Elon Musk on Monday claimed that Apple has "threatened" to pull Twitter from its iOS app store, a move that could be devastating to the company Musk just acquired for $44 billion.

Elon Musk claims Apple has 'threatened to withhold' Twitter from its app store

Activision Blizzard

American Express

Bank of America

Chevron

Kraft Heinz

Coca-Cola

Moody's

Occidental Petroleum

Taiwan Semiconductor Manufacturing

Warren Buffett is considered the greatest long-term investor of all time. Also known as the Oracle of Omaha, Buffett still runs Berkshire Hathaway even at the age of 92.

These Are the Top 10 Holdings of Warren Buffett

Some bearish analysts think that Apple stock is expensive right now. Most of the Apple analysis is not incorporating a forecast of AR/VR products.

Apple Stock: The Market Is Right - The Current Price Is Fair

The billionaire CEO of Twitter and Tesla said Apple was pressuring Twitter over content moderation demands.

Elon Musk prepared to ‘go to war' with Apple over moderation demands

Twitter owner says Apple gave no reason for the potential ban and had stopped advertising on the platform

Elon Musk accuses Apple of threatening to remove Twitter from App Store

Apple stock fell 3% today as it was hit by two headwinds — protests in China threatening iPhone production and claims of “censorship” lodged by new Twitter owner Elon Musk.

Apple Stock Loses Ground As China Covid Protests Threaten IPhone Output And Elon Musk Rips Tech Giant For “Censorship” In Its Treatment Of Twitter

Elon Musk said Apple Inc. AAPL, -2.63% is threatening to remove Twitter Inc. from its App Store and criticized the tech giant for what he called censorship. He also said the iPhone-maker has withdrawn most of its advertising spending from the social-media company.

Elon Musk claims Apple is threatening to remove Twitter from App Store

After decimating Twitter's workforce, imperiling its infrastructure and emptying its ad coffers all within his first month at the company, it's on to the next thing for Elon Musk.

Elon Musk's next trick? Picking a fight with Apple

Twitter Inc (NYSE:TWTR) CEO Elon Musk said Monday that Apple Inc (NASDAQ:AAPL) has halted most of its advertising on the social media platform and accused the company of threatening to remove the platform from its app store. In a series of tweets, Musk accused Apple of censorship and criticized its policies, including the charge it levies on purchases made on its app store.

Elon Musk attacks Apple after claiming it has stopped advertising on Twitter

Elon Musk said Apple Inc. is threatening to remove Twitter Inc. from its App Store and criticized the tech giant for what he called censorship. He also said the iPhone maker has withdrawn most of its advertising spending from the social-media company.

Elon Musk claims Apple is threatening to remove Twitter from its App Store

Musk suggested he's ready to "go to war" with Apple—which could further roil tech investors.

Elon Musk Says Apple ‘Threatened' To Boot Twitter From App Store—Here's Why That Might Happen

In a series of tweets on Monday, Mr. Musk accused Apple of threatening to pull Twitter from its App Store and of trying to censor.

Elon Musk Takes On Apple's Power, Setting Up a Clash

Elon Musk alleged that Apple threatened to withhold Twitter from its App Store, questioning whether Apple and Tim Cook "hate free speech in America."

Elon Musk is going to war with Apple by suggesting the tech giant 'hates free speech' and is threatening Twitter's presence in the App Store

Apple is facing growing iPhone shortages due to protests in China over the government's zero-COVID lockdown policies. The company has seen $96 billion in market value since erased last week on concerns of weak holiday sales.

News for Apple Stock (AAPL)