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Sep 28, 2024

Apple Q4 2024 Earnings Report

Apple's Q4 2024 earnings demonstrated strong performance, marked by record September quarter revenue driven by iPhone sales and all-time high Services revenue.

Key Takeaways

Apple reported a strong Q4 2024, with revenue reaching $94.9 billion, a 6% increase year-over-year. The company's diluted earnings per share was $0.97, or $1.64 excluding a one-time charge. The active installed base of devices reached an all-time high across all products and geographic segments.

Apple posted quarterly revenue of $94.9 billion, up 6 percent year over year.

Quarterly diluted earnings per share was $0.97.

iPhone sales drove record September quarter revenue.

Services revenue reached a new all-time high.

Total Revenue
$94.9B
Previous year: $89.5B
+6.1%
EPS
$1.64
Previous year: $1.46
+12.3%
Gross Profit
$43.9B
Previous year: $40.4B
+8.5%
Cash and Equivalents
$65.2B
Previous year: $30B
+117.5%
Free Cash Flow
$23.9B
Previous year: $19.4B
+23.0%
Total Assets
$365B
Previous year: $353B
+3.5%

Apple

Apple

Apple Revenue by Segment

Apple Revenue by Geographic Location

Forward Guidance

This 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 payment of the Company’s quarterly dividend and future business plans.

Revenue & Expenses

Visualization of income flow from segment revenue to net income