Loading...
•
Jun 29, 2024
Apple Q3 2024 Earnings Report
Apple's Q3 2024 earnings were released, revealing record June quarter revenue and EPS, with Services revenue reaching an all-time high.
Key Takeaways
Apple reported a June quarter revenue record of $85.8 billion, up 5% year over year, and earnings per diluted share of $1.40, up 11% year over year. The company's performance was driven by strong business results and an increase in its installed base of active devices across all geographic segments.
Apple reported a new June quarter revenue record of $85.8 billion, a 5% increase from the previous year.
The company's earnings per diluted share (EPS) grew by 11% during the quarter, reaching $1.40.
Apple's Services revenue hit a new all-time high.
The installed base of active devices reached a new all-time high across all geographic segments.
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, which involve risks and uncertainties.
Positive Outlook
- Payment of the Company’s quarterly dividend
- Future business plans
- Design of products
- Manufacture of products
- Introduction of products and services
Challenges Ahead
- Effects of global and regional economic conditions, including as a result of government policies, war, terrorism, natural disasters, and public health issues
- Risks relating to the design, manufacture, introduction, and transition of products and services in highly competitive and rapidly changing markets, including from reliance on third parties for components, technology, manufacturing, applications, and content
- Risks relating to information technology system failures, network disruptions, and failure to protect, loss of, or unauthorized access to, or release of, data
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
Loading earnings performance data...
Loading earnings reaction data...