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

We expect Apple to have a positive 2024, driven by its stable position in the premium smartphone market and anticipated recovery in the PC market. The company's AI developments have mostly focused on improving existing products, such as iPhone camera capabilities, music recommendations, and safety detection features. Apple's latest innovation, Vision Pro, utilizes AI at a higher level, as we expect its new virtual reality headset to capture a significant share of the XR market.

Apple: Vision Pro Marks Start Of Innovative AI Opportunities

iPhone sales are down 24% in China from last year, according to Counterpoint Research. In 2023, the iPhone became the best-selling smartphone in China for the first time.

Apple has lost its crown as China's best-selling smartphone maker: report

Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of this year, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei (HWT.UL).

Apple's China iPhone sales plunge 24% in first six weeks of 2024, report says

Apple's rules mean rivals such as Spotify can't tell you when cheaper subscriptions may be available outside the iOS app, the European Commission says.

EU Slams Apple With $1.95B Fine for Blocking Cheaper Music Streaming Options

Etsy

Lucid Group

U.S. stocks sustained a jaw-breaking rally in 2023, with the Nasdaq beating all other indices, accruing a more than 43% return. While stocks largely did not begin 2024 with a great start, the major indices have risen in the past few weeks.

Beware! 3 Landmine Stocks That Could Blow Up Your Returns

The European Commission fined Apple $1.9 billion (1.8 billion euros) today for putting barriers in place for music apps in its app store.

Apple's $1.9B EU fine for app store barriers could foreshadow gaming changes

Amazon

Alphabet

Microsoft

NVIDIA

Tesla

The Magnificent Seven stocks carried the markets in 2023, far outperforming most of the rest. These seven stocks — Nvidia, Microsoft, Apple, Amazon, Alphabet, Tesla, and Meta — returned an average of 111% last year, compared to a roughly 25% return for the S&P 500 and a 54% return for the Nasdaq 100.

A Magnificent 2024? Managers Review Their Magnificent Seven Holdings

Some of the technology sector's big 2023 winners have continued their ascents into this year, but not shares of Apple Inc. Shares of the iPhone maker were down 3% in Monday trading and they're off about 10% to start 2024.

Apple's stock has had a sour 2024. This bull sees ‘a host of tailwinds' ahead.

As Apple Inc. absorbs the regulatory body blow of a record $1.95 billion antitrust fine from the European Union on Monday, its legal team is bracing for yet another epochal action.

EU's record Apple antitrust fine is just the start of a Big Tech regulatory crackdown this year

A British Columbia Supreme Court judge has approved a proposed C$14.4 million ($10.6 million) settlement from Apple to eligible members of a class-action lawsuit that accused the company of deliberately slowing iPhone 6 and 7 models through software updates, CBC News reported on Monday.

Apple to pay C$14.4 mln to settle iPhone throttling case in Canada, CBC reports

Apple (AAPL) introduced new MacBook Air laptops Monday with its latest M3 chip, which the company says will allow the MacBook Air to run faster than with older Apple and Intel (INTC) chips.

Apple Introduces MacBook Air Laptops With New M3 Chip

Taiwan Semiconductor Manufacturing

The rise of generative artificial intelligence (AI) continues to be the talk of the town in the first two months of 2024. As more companies join the generative AI party, the theme doesn't look like it's about to chill out.

3 Stocks to Buy IF 2024 is the Year of the AI Phone

The European Union (EU) fined Apple (AAPL) around $2 billion (1.8 billion euros) for "abusive App store rules for music streaming providers" in a move that the iPhone maker says could bolster Spotify (SPOT).

Apple Fined Nearly $2B by EU Over App Store Practices, Says It Will Appeal the Decision

Shares of Apple dipped nearly 3% Monday morning to a four-month low, following the European Union's landmark decision to fine the company nearly $2 billion over antitrust violations, handing Apple its worst day on Wall Street in more than two months, as its shares continue to slide.

Apple Shares Slump To 4-Month Low, After $2 Billion European Union Fine

Apple stock is lower Monday, likely pressured by a big European fine. New M3 MacBook Airs are ready for order, however.

Apple's New MacBook Airs Aren't Helping the Stock

Apple's stock fell Monday morning after EU regulators slapped the company with a $2 billion fine. The fine is part of the EU's push to get Apple to open up its App Store.

Why Apple's $2 billion fine is a $80 billion problem

The EU on Monday hit Apple with a more than 1.8-billion-euro fine ($1.9 billion) for violating the bloc's laws by preventing European users from accessing information about alternative, cheaper music streaming services.

Apple hit with 1.8-bn-euro EU fine for music streaming restrictions

Spotify

The European Commission said the fine, which was larger than most experts expected, was determined to be “proportionate to Apple's global revenues and is necessary to achieve deterrence.”

EU slaps Apple with $2B antitrust fine after App Store complaint from Spotify

The European Union's competition authority on Monday fined Apple nearly $2 billion for its restrictive App Store policies. Apple stock fell on the news.

Apple Fined Nearly $2 Billion By EU For Anticompetitive App Store Policies

This time on Equity, we talk through Apple's massive fine in the EU, India's new rules for AI, Waymo's wins, and Salla's huge pre-IPO round.

Apple's €1.84B fine, new AI rules in India, and the latest pre-IPO round

Apple on Monday unveiled a pair of new MacBook Air laptops with its latest M3 processors, betting that the more powerful models would attract consumers looking to upgrade to artificial intelligence-powered personal computers.

Apple launches MacBook Air laptops with faster M3 chips

Apple says it plans to appeal the historic €1.84 billion fine issued today by the European Commission over Apple's anticompetitive practices in the streaming music market.

Apple plans to appeal European Commission's massive antitrust fine favoring Spotify

The European Commission on Monday said Apple's conduct may have led to iOS users paying “significantly higher" prices for music streaming subscriptions.

Apple hit with nearly $2B antitrust EU fine

According the European Commission, Apple's rules mean that rivals such as Spotify can't tell you when cheaper subscriptions may be available outside of the iOS app.

Apple Fined $1.95B in Europe for Impeding Cheaper Music Streaming Options

Ares Commercial Real Estate

Agree Realty

American Tower

Medical Properties Trust

Realty Income Corp

Prologis

Simon Property Group

Vici Properties

Walgreens

Real Estate Select Sector SPDR Fund

Dividend stocks, particularly REITs, have underperformed the broader market due to interest rate hikes. The suppressed share prices of REITs present a short-lived opportunity for dividend investors to take advantage of. Investing in high-quality companies with strong fundamentals is important for long-term success in the dividend investing strategy.

News for Apple Stock (AAPL)