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

Apple's shares have appreciated by 9.61% in the past two months, and I predict they will hit $200 by 2024. The Apple Vision Pro, a virtual reality headset, is expected to unlock a new dynamic for the company, with potential for mass-market adoption in 5-7 years. Apple's continued innovation and profitability, along with the potential of the Apple Vision Pro, are predicted to drive the company's share price higher in the long term.

Apple Is Still A Buy As Many Skeptics Are Missing The Vision

The company could be the first to reach the milestone. Its stock hit a record high of $183.79 a share and has surged 42% this year.

Apple Is Almost Worth $3 Trillion. Here's How It Can Get There.

AbbVie

Accenture Plc

Adobe

Agree Realty

Automatic Data Processing

AGCO

Amgen

Amazon

Air Products and Chemicals

Ares Capital

Alexandria Real Estate Equities

ASML Hld

AvalonBay Communities

Broadcom

Booz Allen Hamilton Hld

Brookfield Asset Management

Brookfield Renewable Partners

SPDR Bloomberg 1-3 Month T-Bill ETF

Blackrock Inc

Bristol-Myers

Brookfield Corp

Broadridge Financial

British American Tobacco

Blackstone Group

My passive income stream increased by 25.59% YoY in April 2023 and 40.02% YoY in May 2023, with a year-to-date growth of 29.99%. I have been taking advantage of high yields on money market funds and short-term treasury ETFs, transitioning about 6.5% of my total portfolio value from a 0% yield into a high-yielding position. I have been making selective reinvestments and trades to increase my passive income stream and accelerate my journey towards financial freedom.

Nicholas Ward's Dividend Growth Portfolio: April And May Review

Watch Out! The Apple VR Battle Is Gonna Take a Bite Out of META Stock

PepsiCo

Target

This is certainly not a market many would categorize as one with numerous screaming buys to go after. Indeed, the macro backdrop remains uncertain, with geopolitical tensions high and a Federal Reserve intent on keeping interest rates high to battle inflation.

3 Stocks That Are Screaming Buys as Inflation Slows Down

NVIDIA

In a stunning turnaround, the tech sector surged to life in the year's first half, offering investors plenty of options in the shape of promising tech stocks to buy. The spotlight was on the metaverse in the past year.

The 3 Most Promising Tech Stocks to Buy Now

UBS Group AG

Wall Street bears can growl all they want, but Main Street investors are increasingly tuning them out, as the S&P 500 SPX, +0.93% and Nasdaq COMP, +1.53% kicked off a big data/Fed week by hitting the highest levels in more than a year.

Apple's stock is no longer worth buying after reaching a record, UBS says

Apple Inc (NASDAQ:AAPL)'s growth is likely to remain under pressure due to persistently soft demand in developed markets, according to UBS, which has downgraded its rating on shares in the tech titan to 'neutral' from 'buy'. The investment bank anticipates that iPhone sales will decrease by 1%-2% in the latter half of 2023, with procurement expected to drop by 8%.

Apple: Leading investment bank downgrades on growth concerns

Alphabet

Microsoft

Not everyone agrees that a new bull market has begun for the S&P 500. Too few stocks are participating in the current market rally.

3 Simple Reasons Why I'm Not Celebrating a New Bull Market

Oracle

Oracle Corp. shares ORCL, +5.99% rallied 4% in premarket trade, adding to a 6% gain in Monday's regular session to close at $116.43, after the database company reported earnings and said AI customers have already signed contracts for more than $2 billion in new business.

Oracle stock rises on upbeat outlook, while Apple shares slip and other stocks on the move

Globalstar

QUALCOMM

Globalstar has partnered with Apple and Qualcomm, leveraging its satellite communication services and frequency spectrum for emergency messaging and private 5G networks. The company's revenues have surged, and it is monetizing its spectrum assets, with the potential for significant growth in the private 5G network market. Despite some risks and competition, Globalstar's unique Band 53 spectrum and expanding ecosystem make it a reasonable buy at $1.5 per share.

Globalstar: Partnering With Apple And Qualcomm Is Advantageous

DoorDash

Las Vegas Sands

Invesco QQQ

Bear markets are brutal for investors. However, savvy investors can turn crisis into opportunity using this long-term signal to gain an edge.

Harnessing the Power of Long-Term Technical Analysis

Apple is closing in on a $3 trillion valuation a week after it launched the Vision Pro headset. Shares are up 41% so far this year — outpacing a 35% gain in the tech-focussed Nasdaq 100 Index.

Apple is within a hair's breadth of a historic $3 trillion valuation one week after unveiling its Vision Pro

CNBC's Jim Cramer on Monday considered a new angle on Apple's new $3,500 virtual reality headset, the Vision Pro.

Apple's Vision Pro headset sticker price may not matter, Cramer says

Apple introduced its AR/VR platform visionOS and the accompanying hardware Vision Pro, which features advanced technology and a content strategy focused on gaming and entertainment. The Vision Pro is priced at a premium of $3,499 and will be available for purchase in early 2024, with initial shipment volumes estimated to reach 1-2 million units. Apple's product launch is expected to accelerate competition for the metaverse market, which is estimated to be worth around $5 trillion by 2030.

Apple: Ready Player Zuckerberg? Player Cook Just Entered The Competition

Apple Inc. AAPL, +1.56% shares closed up for a third consecutive session on Monday to score a new record high, the week following the tech giant's WWDC event last week. Apple shares rose 2.8% to close at $183.79, a new all-time closing high, according to Dow Jones data.

Apple stock climbs to record closing high a week after WWDC

Apple stock rose over 1.5% on Monday to close at $183.79 per share, which is the all-time-high share price for the company.

Apple hits record high one week after announcing Vision Pro VR headset

Rather than being a revolutionary ‘spatial computing' device, the product is more like a VR headset with some mixed reality features. A week after the announcement of Apple's Vision Pro mixed reality headset, many observers have come to the conclusion that the $3,499 device is not as groundbreaking as Apple might have you believe.

The Vision Pro will have to do until Apple's ‘real' spatial computing device shows up

Google CEO Sundar Pichai said he's excited about Apple's Vision Pro but hasn't tried it yet. He said cost cuts and sharpened focus are "enduring work" and Google will continue to seek efficiency.

Google CEO Sundar Pichai is excited about Apple's Vision Pro, says efficiency drive will continue

There's a reason Apple didn't mention virtual reality in its keynote last week.

What Apple Didn't Say Is Most Important

Apple is already working on two follow-ups to its Vision Pro headset, Bloomberg reports. A high-end model will be even faster, while a less-expensive version will make some compromises.

Apple is reportedly working on a cheaper version of its $3,500 Vision Pro — but it's 2 years away

Tech stocks may climb 10% to 12% in the second half of the year, Wedbush's Dan Ives said. The sector is poised for a "1995 moment" similar to the boom that followed the advent of the internet.

Tech stocks are in a '1995 moment' and poised to boom on the AI revolution, Wedbush says

It's probably the best laptop for most people if you like the MacOS operating system and plan to use it for everyday tasks.

The 15-inch MacBook Air offers superb battery life and portability at an aggressive price

Elon Musk has poked fun at the price of Apple's new mixed-reality headset.  Apple launched the Vision Pro, the company's first major product in eight years, last week.

News for Apple Stock (AAPL)