The financial results of the last quarter are once again spectacular for Apple
Apple has once again presented its financial results for a quarter and these have once again set a revenue record for the company. We don’t know how they do it, but every quarter Apple makes more money. Over the past three months, the company has reported certain turnover 94.93 billion dollars6% more than in the fourth quarter of 2023, the same quarter last year in which it earned $90.1 billion.
Today, Apple reported a new record September quarter revenue of $94.9 billion, up 6% from last year. During the quarter, we were pleased to announce our best products to date, with the new iPhone 16 lineup, Apple Watch Series 10, AirPods 4, and notable features for hearing health and sensing. of sleep apnea. And this week, we launched our first feature set for Apple Intelligence, setting a new standard for privacy in AI and surpassing our lineup heading into the holiday season. Tim Cook, CEO of Apple.
Apple results in the fourth quarter of 2024
Although total revenue set a new record, revenue fell due to the payment of 13 billion dollars, or $10.2 billion, in back taxes to the Irish government, led by the European Union . This is why Apple reported a net profit of 14.740 million dollars, which would have been 24.940 million without this payment.
This is how the income was distributed, with the The iPhone again in the leadand accounting for almost half of all the money Apple brings in, Macs are growing at a good pace and with services soared, growing almost 12%is currently Apple’s second largest product category:
- Total income: $94.93 billion (6% more than Q4 2023)
- iPhone: $46.22 billion (6% more than in the fourth quarter of 2023).
- Mac: $7.74 million (5.5% more than in Q4 2023).
- iPad: $6.9 billion (1.7% more than in the fourth quarter of 2023).
- Wearables, home and accessories: $9.04 billion (3% less than in the fourth quarter of 2023).
- Services: 24,970 million (11.91% compared to the fourth quarter of 2023).
We are very pleased that our active installed base of devices has reached a new high across all products and geographies, driven by our high levels of customer satisfaction and loyalty. Luca Maestri, Apple CFO.
Tim Cook said that iPhone 16 sales in September 2024 outpaced iPhone 15 sales in September 2023. He also sent a few words of gratitude to Luca a Maestri, who is leaving the company on January 1, 2025 after many years as CFO of Apps.
During his 10-year tenure, Luca did “a truly exceptional job shaping Apple as we know it today.” Maestri said being Apple’s CFO “has been a true privilege and an incredible adventure.” Kevan Parekh will assume the role of CFO and join Apple’s leadership team starting in January 2025.
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