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

Barclays analyst Tim Long wrote that the iPhone16 with artificial-intelligence features may not “be enough to drive a meaningful-enough upgrade cycle to justify the valuation.'

Apple's AI iPhone Could Boost Sales, but One Bear Isn't Swayed

It has emerged that technology giant Apple (NASDAQ: AAPL) is planning to advance its idea of a foldable iPhone, which is likely to hit the market in 2026.

AI sets APPL stock price for 2025 after Apple's foldable phone plan advances

Alphabet

Microsoft

NVIDIA

The mega-cap tech stocks have been rapidly increasing their use of stock-based compensation (SBC) in recent years, and this can add a level of complexity to valuation analysis. SBC should be considered a real expense, and I make adjustments for it in all my valuation assessments. Metrics and takeaways are provided on Apple, Microsoft, NVIDIA and Alphabet's usage of SBC. Some comparisons of the 4 companies are performed.

How Stock-Based Compensation Impacts Your Favorite Tech Stocks

Apple COO was in China earlier this week as the company continues to invest in the country. The visit was significant as the iPhone 16 launch date nears.

Apple COO engages with Chinese officials amid US-China tensions and geopolitical strains ahead of iPhone 16 launch

Apple (AAPL) has been put under investigation by Spanish antitrust officials, who allege that the iPhone maker might be “imposing unfair trading conditions on developers" who use its App Store.

Spain Probes Apple for 'Imposing Unfair Trading Conditions' on Developers

JPMorgan put Apple stock on its "positive catalyst watch" ahead of the consumer electronics giant's June-quarter earnings report.

Apple Stock Seen Rising On AI Replacement Cycle

From a technical perspective, Apple (AAPL) is looking like an interesting pick, as it just reached a key level of support. AAPL recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

Apple (AAPL) Recently Broke Out Above the 20-Day Moving Average

Spain's antitrust regulator has opened an investigation into Apple's App Store. The probe, announced Wednesday (July 24) by the National Commission for Markets and Competition (CNMC), is the latest in a series of similar actions by regulators involving the tech giant's online store.

Spanish Competition Regulator Probes Apple App Store

Spain's antitrust watchdog said Wednesday it had opened a probe into the conditions Apple imposes on developers of mobile applications sold on its App Store.

Spain's antitrust watchdog opens probe into Apple App Store

AbbVie

AGNC Investment

Antero Midstream Partners

Apple Hospitality REIT

Ares Capital

Apollo Commercial Real Estate Finance

Broadcom

Boeing

Alibaba

Bank of America

BASF SE

Brookfield Renewable Partners

B&G Foods

Bank of Montreal

Bayerische Motoren Werke AG

Bank of Nova Scotia

BRT Apartments

Blackstone Group

Blackstone Secured Lending Fund

Colgate-Palmolive

Canadian Imperial Bank of Commerce

Investment activity remained high in June, focusing on BDCs aiming to increase dividend income by at least $100 each month. Adjusted dividend income in June is up 27% Y/Y and 5% vs the previous quarter. Main portfolio picks included Ares Capital, Hercules Capital, Goldman Sachs BDC, and MidCap Financial Investment Corporation.

My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys

Apple has a fresh antitrust headache in Europe: Spain's competition authority, the CNMC, announced the opening of an investigation into Apple's App Store Wednesday, citing concerns the iPhone maker could be imposing unfair trading conditions on developers who use its store to distribute their software to iOS users.

Apple's App Store hit with antitrust probe in Spain

Arista Networks

Palantir Technologies

The U.S. equities rally seems to be fizzling out. Over the past five days, the tech-heavy Nasdaq Composite has tumbled 4.3%, while the S&P500 has fallen by a smaller 2.4%.

Get Your Money Out of These 3 Overhyped Stocks by 2025

Dell Technologies

Universal Display

With the age of generative AI, well and truly here, it can be easy to forget the technologies that power today's innovations. Next-generation displays will always serve a purpose in future iterations of cutting-edge technology, making them a key consideration for long-term investment.

The 3 Best Next-Gen Display Stocks to Buy Now

Amazon

Tesla

Magnificent 7 stocks grabbed wall-to-wall coverage in 2023 because of their dramatic outperformance. They were almost wholly responsible for carrying the stock market to record highs.

All 7 Magnificent 7 Stocks Rated From Worst to First

Spain's antitrust regulator said on Wednesday it had opened an investigation into possible anti-competitive behaviour by Apple's app store.

Spain's antitrust watchdog opens investigation into Apple's app store

Apple (NASDAQ: AAPL ) has been a tech leader in advancement and related financial success. However, recent developments in its AI capabilities may push Apple stock for even greater growth.

Apple Stock Analysis: Are AI Advancements the Next AAPL Catalyst?

Apple (NASDAQ: AAPL ) has been making headlines for a range of new expected features for its upcoming iPhone release this fall. However, new headlines are proliferating that suggest Apple could be looking to release a foldable iPhone as soon as 2026.

Apple Stock Alert: Rumors Swirl That Apple Is Cooking Up a Foldable iPhone

The iPhone will reportedly fold widthwise, similarly to the Samsung foldable models.

Apple may release foldable iPhone as soon as 2026: report

Amgen

Costco

Occasionally, hot stocks can get that much hotter in a move that can only be described as a “melt-up.” Such extreme share price action can be like the reverse of a stock meltdown, whereby a stock crashes rapidly, like in late February 2020.

3 Stocks That Are Melting Up. Is There Room to Run?

Apple is likely to introduce its foldable iPhone as early as 2026, the Information reported on Tuesday, that could mark the biggest hardware design revamp for the company's most popular product.

Apple likely to release foldable iPhone as early as 2026, the Information reports

Verizon

Analysts have differing views on what record low smartphone upgrades at Verizon in the second quarter mean for iPhone sales.

What Verizon's Low Smartphone Upgrades Mean For Apple

Netflix

QUALCOMM

Stocks like Amazon.com, Inc. (AMZN), Netflix, Inc. (NFLX), QUALCOMM Incorporated (QCOM) and Apple, Inc. (AAPL) are likely to benefit from the rebound in tech rally.

4 Solid Tech Stocks to Buy as S&P 500, Nasdaq Resume Rally

Apple (NASDAQ: AAPL ) stock is finally in the grip of the AI fever. The iPhone maker traded at 52-week lows of $164 mid-April.

Don't Bite Yet: Buy Apple Stock if AAPL Falls to This Level

American Express

Warren Buffett's long-term investment strategy has yielded significant returns over nearly six decades. Buffett's portfolio concentrates on select companies, with Apple, Bank of America, and American Express as top holdings.

News for Apple Stock (AAPL)