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Dec 30, 2023
Apple Q1 2024 Earnings Report
Apple reported revenue growth fueled by iPhone sales and an all-time revenue record in Services.
Key Takeaways
Apple's Q1 2024 results showed revenue of $119.6 billion, a 2% increase year-over-year, and EPS of $2.18, a 16% increase year-over-year. The installed base of active devices surpassed 2.2 billion.
Revenue growth was fueled by iPhone sales and Services.
Services revenue reached an all-time record.
EPS increased by 16% to an all-time high of $2.18.
The installed base of active devices surpassed 2.2 billion.
Apple
Apple
Apple Revenue by Segment
Apple Revenue by Geographic Location
Forward Guidance
The press release contains forward-looking statements regarding the payment of the Company’s quarterly dividend, which are subject to risks and uncertainties.
Revenue & Expenses
Visualization of income flow from segment revenue to net income