Apple’s total revenue amounted to around 391 billion U.S. dollars in their 2024 financial year, a decrease from the historical record of 394.33 billion U.S. dollars in financial year 2022. Apple’s annual revenue quadrupled in the last ten years. The fiscal year end of the company is Se...
iPhone sales made up approximately 55.6 percent of Apple’s total revenue in the first quarter of the company’s fiscal year 2025. iPhone sales usually contribute to half or more than half of Apple’s overall sales revenue. Apple’s other businesses such as the Apple Watch and the iTunes ...
Those challenges are one of the reasons Apple expects its revenue growth to decelerate during the current October-December period, even though this year's quarter will include one more week than last year's, Apple's Chief Financial Officer Luca Maestri warned during conference call. The strong U...
Mac revenue: $10.44 billion vs. $9.25 billion estimated, up 14.73% year over year iPad revenue: $7.65 billion vs. $7.14 billion estimated, down 1.92% year over year Gross margin: 43.7% vs. 43.1% estimated Apple did not provide a forecast for the current quarter — the company hasn'...
Tim Cook admitted that Apple has a serious iPhone sales problem. He chalks it up to weakness in emerging markets, trade tensions, a strong US dollar, and customers who replaced their batteries instead of buying all-new phones.
As has been typical during the pandemic, Apple did not provide any formal revenue guidance for the March quarter. However, it did say that it expected a record-setting second quarter, despite a slowdown in growth from its blockbusterholiday quarter. ...
1:43 pm: While Apple's revenue set a September record, the one-time charge related to the tax case in the European Union resulted in a $10.2 billion hit to Apple's profit numbers. 1:45 pm: Services revenue set an all-time record at just shy of $25 billion for the quarter, pushing...
Apple posted $81.8 billion in revenue during the year-ago June quarter and LSEG analysts were looking for a forecast of $83.23 billion. On an earnings call with analysts, Apple finance chief Luca Maestri said the company expected the current quarter will deliver double-digit year-over-year pe...
$45.96 billion that quarter with a 10.5% YoY decline, reversing its YoY growth for third consecutive quarter. As a main force that dragged down Apple’s revenue, iPhone sales did show weak demand for iPhone 15 series launched last September, though not as sluggish as analysts’ forecast. ...
Morgan Stanley analyst Katy Huberty today raised her services-related revenue forecast for Apple through the 2022 fiscal year. In a research note shared with MacRumors, Huberty said stronger licensing revenue is the primary driver of the raised estimates, including ...