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Jun 27, 2020
Apple Q3 2020 Earnings Report
Revenue and EPS increased, reaching new June quarter records.
Key Takeaways
Apple's Q3 2020 earnings showed strong growth with revenue up 11 percent and EPS up 18 percent. International sales accounted for 60 percent of the quarter’s revenue. The company's performance reflects its ability to innovate and execute effectively during challenging times.
Apple's record June quarter was driven by double-digit growth in both Products and Services.
Growth was achieved in each geographic segment.
Operating cash flow reached $16.3 billion, a June quarter record.
Active installed base of devices reached an all-time high across all geographic segments and major product categories.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about the Company’s expectations regarding the impact of the COVID-19 pandemic; anticipated revenue, gross margin, operating expenses, other income/(expense), and tax rate; plans for return of capital; the four-for-one stock split; and the commitment to be carbon neutral by 2030.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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