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 CEO Tim Cook didn't talk specifics, but noted the company will continue to include generative AI and AI overall in its products.

What are Apple's plans for generative AI? Tim Cook wants to be ‘thoughtful'

The April jobs report creates uncertainty around the Fed's future policy plans, but it didn't stop the major indexes from soaring Friday.

Stock Market Today: Apple Earnings, Bank Stocks Spark Relief Rally

Apple's (AAPL) second-quarter fiscal 2023 results benefit from strong demand for iPhone 14 amid significant forex headwind and challenging macroenvironment conditions.

Apple (AAPL) Q2 Earnings Beat Estimates, Revenues Decline Y/Y

Apple's stock surged nearly almost 5% on Friday, hitting a nine-month high and on track for its biggest one-day gain since November after the iPhone maker's quarterly results cheered investors worried about a potential recession.

Apple's results send shares surging to nine-month high

Apple stock has added more than $680 billion in value this year and it still has more room to run, analysts say.

Apple Stock Remains a Strong Buy Even as Shares Soar

Apple Inc (NASDAQ:AAPL) delivered an impressive iPhone beat during its second quarter of 2023 and gave a relatively upbeat outlook going forward, as the consumer electronics giant rides out this macro storm in “Rock of Gibraltar-like fashion”, analysts at Wedbush Securities wrote in a note published on Friday. “An uptick in China demand speaks to further share gains that Apple is seeing with iPhone 14 Pro along with higher ASPs (average selling prices) globally that we believe is now in the $900+ level giving Apple tailwinds in this market,” the analysts said.

Apple continues to flex its muscles with strong 2Q iPhone numbers, Wedbush analysts say

Record services and iPhone sales carried the day. Apple raised its dividend for the 11th consecutive year.

Why Apple Stock Rallied Friday Morning

Fidelity MSCI Information Technology Index ETF

iShares U.S. Technology ETF

Vanguard Information Technology ETF

Technology Select Sector SPDR Fund

Apple reported solid second-quarter fiscal 2023 results by beating estimates on both earnings and revenues, powered by a surprise boost in iPhone sales.

Take a Bite of Apple With These ETFs Post Solid Q2 Earnings

The lack of innovation has put a dent in the company's growth story.

Apple Earnings: Don't Let The iPhone Record Sales Fool You

One day in the future the smartphone will be replaced. What could that look like?

WEARABLE WORLD: Will Apple Usher In An AI Future With AR Glasses?

Apple delivered a March-quarter record for iPhone sales and an all-time record for services. The company announced its eleventh consecutive dividend increase.

Apple Earnings: iPhone Sales Hit Record Highs

Markets have been under pressure most of the week and Thursday felt a bit like chasing down loose chickens.

Apple Beats While Employment Number Comes In Stronger Than Expected

Robinhood

The jump in interest rates coupled with the regional banking crisis has presented a big opportunity for fintechs to provide high-yield products.

Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue

Turns out thousand-dollar smartphones are still proving to be essential purchases in a tough economy.

Are thousand-dollar iPhones now a necessity? From reactions to Apple earnings, you sure might think so.

Microsoft

Apple Inc (NASDAQ:AAPL)'s financial engineering with its eye-watering share buy-back programme, now extended by a further US$90bn, reveals a tech giant that's running out of ideas, meanwhile, across Silicon Valley its oft-derided old foe Microsoft showed its ambitions at the bleeding edge of big tech. According to a report by Bloomberg, the Windows firm is closing in on a significant new partnership with AMD, investing in the chip-maker's Athena project which seeks to deliver a new generation of processors designed to power the much-hyped AI revolution.

Sorry Apple, Microsoft is the cool kid again

Apple has positioned India as a key market for iPhone sales as well as manufacturing as it looks to reduce its reliance on China.

Apple hails record quarter in India as Tim Cook lays groundwork for market to be 'bigger than China'

US stocks are currently expected to open modestly higher on Friday morning, supported by above-forecast earnings from Apple Inc, released after Thursday's close, but much will depend on the April non-farm payrolls report, due out at 8.30am ET. Investors are still nervous about the forward path for Federal Reserve monetary policy following the US central bank's 25 basis point rate hike on Wednesday, and the jobs report is always closely watched.

Dow Jones, S&P 500 and Nasdaq seen higher on Apple boost but April jobs report key

The growth of iPhone sales in China and India is reason to back Apple despite concerns of a downturn in consumer spending, analysts say.

Apple Beats Back Recession Worries. Here's Why Analysts Think It Can Keep Winning.

A look at the day ahead in U.S. and global markets from Mike Dolan

Morning Bid: Apple comforts as payrolls loom

An immediate jump in last night's after-hours session should tell you everything you need to know about Apple Inc's NASDAQ: AAPL Q2 earnings. Investors will have to wait a while and see how shares trade through Friday's session and into next week, but for now, the numbers could well justify a move to fresh all-time highs.

Apple Crushes; Get Ready For All-Time Highs

Warren Buffett could be the recipient of a few extra high-fives walking into the Berkshire Hathaway annual general shareholder meeting this weekend, thanks to the conglomerate's No. 1 holding, Apple Inc.

Apple hands Warren Buffett's Berkshire Hathaway a $214 million payout ahead of shareholder weekend

Coinbase

Carvana

Lyft

After a storm of earnings reports following the close of markets Thursday, these were the some of the most active stocks on Friday:

Carvana, Apple, Coinbase and Lyft shift after earnings, and other stocks on the move

When Apple Inc surprised investors this week with a rise in iPhone sales despite a slump in the global smartphone market, Chief Executive Tim Cook credited emerging markets like India where the company is luring away Android phone users.

Apple stakes future growth on emerging markets, starting with India

Hardware's growing — specifically, the phones —  but for Apple, services are slowing. Drilling down into the Q2 results, the tech giant's iPhone revenue was $51.3 billion, up from $50.6 billion a year ago, against a backdrop where industrywide smartphone sales declined.

Apple's Services Segment Slows to 5.5% Growth Rate

Apple (NASDAQ:AAPL ) Q2 2023 Earnings Call Transcript May 4, 2023 5:00 PM ET Company Participants Suhasini Chandramouli - Investor Relations Tim Cook - Chief Executive Officer Luca Maestri - Senior Vice President and Chief Financial Officer Conference Call Participants Erik Woodring - Morgan Stanley Mike Ng - Goldman Sachs Shannon Cross - Credit Suisse Wamsi Mohan - Bank of America David Vogt - UBS Samik Chatterjee - JPMorgan Amit Daryanani - Evercore ISI Krish Sankar - Cowen and Company Aaron Rakers - Wells Fargo Sydney Ho - Deutsche Bank Harsh Kumar - Piper Sandler Operator Good day, and welcome to the Apple's Q2 Fiscal Year 2023 Earnings Conference Call. Today's call is being recorded.

News for Apple Stock (AAPL)