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

Amazon

Apple Inc. has sparked growth concerns lately, but Needham analyst Laura Martin sees a solution — if the company leans on Amazon.com Inc.'s playbook.

How Apple can fix its growth problem by following Amazon's lead

Microsoft

Microsoft has given up its observer role on OpenAI's board, per a letter reported by outlets including Axios. Apple is not expected to take up a similar observer role, The Financial Times reported.

Microsoft and Apple may be playing the long game by ditching OpenAI board roles

NVIDIA

Apple Inc (NASDAQ:AAPL) reached a $3.5 trillion valuation and NVIDIA Corp (NASDAQ:NVDA) climbed back towards all-time highs, driven by analysts and investors evaluating how much AI could still move the needle for the tech industry. Further signs of substantial investment in AI infrastructure emerged this week as data center operator CyrusOne announced it had secured a $7.90 billion line of credit to support current and future development projects in the US.

Apple tops $3.5trn valuation and Nvidia surges again as analysts say 'AI excitement warranted'

Technology sector stocks are the driving force behind today's bull market. The S&P 500 has been up 45% since the beginning of 2023 and 26% higher in the last 12 months.

3 Popular Tech Stocks The Smart Money Is Dumping Now

Global shipments of personal computers rose by 3% in the second quarter, helped by demand for AI-capable devices, with Apple seeing the biggest growth among PC makers, preliminary data from research firm IDC showed on Tuesday.

Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says

Revenue from Apple's (AAPL) App Store rose 13% for the fiscal third quarter, according to a new estimate that comes amid concerns about the technology giant's market share in China and a new European Union law that could affect the service.

Apple's App Store Revenue Seen Rising 13% in Latest Quarter

Consumer electronics giant Apple on Tuesday became the first company to close regular-session trading with a market capitalization greater than $3.5 trillion.

Apple Stock First To Close Above $3.5 Trillion Market Cap

Piper Sandler analyst Harsh Kumar maintained Apple Inc AAPL with a Neutral and raised the price target from $190 to $225.

Apple's App Store Revenue Surge and iPhone Upgrades Set to Drive Growth in 2025: BofA Analyst

Tesla

Short sellers had a pretty good second quarter as long as they they didn't bet against the biggest tech names.

Bets Against Apple, Nvidia, and Tesla Stock Are Blowing Up

ASML Hld

Broadcom

Tech stocks have been the craze for some time, with their performance recently boosted by the artificial intelligence (AI) frenzy. The sector has jumped into the favorite pick for many, with outsized gains keeping investors happy.

Like Dividends? 3 Tech Stocks Worth a Look: AAPL, ASML, AVGO

Artificial intelligence (AI) stocks represent investing in the next technology frontier, as companies try to integrate AI to maximize efficiency. This has led to a massive bull market, with even sector giants jumping into the mix.

3 Artificial Intelligence Stocks Poised for a July Boom

Talinn, Estonia--(Newsfile Corp. - July 9, 2024) - Cryptomania, the widely acclaimed crypto trading simulator, is now available on iOS. Since its launch on Android in 2017, Cryptomania has quickly gained popularity among aspiring traders for its user-friendly interface, educational value, and engaging in-app activities.

Cryptomania Launches on iOS: Bringing the Popular Crypto Trading Simulator to Apple Users

A slowdown in consumer spending could put a damper on sales of Apple's iPhone 16 handsets this fall, a Wall Street analyst said.

Apple iPhone 16 Sales Face Consumer Spending Slowdown

Invesco QQQ

Stocks are off to one of their best starts in history in 2024. However, several data points suggest that a short-term correction may loom.

U.S. Stocks: Does a Summer Market Correction Loom?

Accenture Plc

Automatic Data Processing

Arthur J. Gallagher & Co.

A. O. Smith

Air Products and Chemicals

Amphenol

Atmos Energy

American States Water

Becton, Dickinson and Co.

Brown & Brown

Chubb

Colgate-Palmolive

Comcast

Canadian National Railway Company

Cencora Inc

Costco

Cisco Systems

Cintas Corp

California Water Service Group

Fastenal

Franklin Electric

General Dynamics

Graco

This article updates one I wrote in August 2022, which was based on a template article by David Van Knapp published in June 2020. I use an adapted quality scoring system to assess the quality of dividend growth stocks. The system employs six quality indicators from independent sources and assigns 0-5 points to each quality indicator, for a maximum of 30 points.

The Highest Quality Dividend Growth Stocks In 2024

Apple Inc. is again the largest U.S. company, but one analyst has pause about the stock's ability to further its recent rally.

Why Apple's stock may lack upside after a 38% climb off this year's lows

Piper Sandler analyst Matt Farrell lifted his price target on the iPhone maker to $225 from $190, and reiterated a Neutral rating.

Apple Stock Has Been on a Tear. One Analyst Sees a Growing Risk.

AbbVie

Bristol-Myers

Chevron

Kroger

Occidental Petroleum

Visa

I just read an article that quoted billionaire hedge fund manager, David Einhorn, as saying value investing was dead. Since I'm writing about the best Warren Buffett stocks, that thought piqued my interest.

The 7 Best Warren Buffett Stocks to Buy in July 2024

Alphabet

The index is now highly concentrated in growth stocks. Buying the S&P even at an inflated valuation has been a winning strategy over the long term.

35% of the S&P 500 Is Concentrated in the "Magnificent Seven." Here's What That Means for Your Portfolio.

The magnificent rally in the Magnificent Seven stocks has added trillions in value to the stock market over the past few years. Undoubtedly, these seven stocks alone are worth more than many developed economies put together.

3 Magnificent 7 Stocks Still Worth Buying at New Highs

Amid an overbought market and expectations of prolonged higher interest rates, cash-rich stocks have emerged as prudent investments. These firms generate substantial free cash flows, crucial for managing debt effectively across business cycles.

3 Cash-Rich Stocks to Steady Your Shaky Portfolio

After a weak start to 2024 marked by decline and stagnation, Apple (NASDAQ: AAPL) finally took off in the stock market in early May.

Wall Street sets Apple stock price for next 12 months

Apple's fiscal Q3 earnings report may be overshadowed by anticipation for the upcoming iPhone launch and AI push. The recent surge in Apple shares has raised valuation concerns, with the calendar 2026 P/E ratio significantly higher than peers. Analysts expect a major upgrade supercycle with the iPhone 16, hoping it will fuel the next leg of the company's growth.

News for Apple Stock (AAPL)