Tag: revenue

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Apple releases Q4 2024 earnings, cites $94.9 billion in revenue, $14.7 billion profit for the quarter

Apple had a fair amount to brag about during its fourth quarter 2024 earnings call on Thursday, the company posting revenue of $94.9 billion for the quarter, a 6 percent increase year over year, and a record for the quarter. The company reported $14.7 billion in profit. Apple saw continued growth in its Services division, […]

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Apple to hold Q2 2024 earnings call on Thursday, May 2nd

You might want to carve out a few hours for Apple’s financial returns on May 2nd. Per MacRumors, Apple on Thursday announced that its next quarterly earnings conference call will be held on Thursday, May 2, at 2 p.m. Pacific Time. As usual, the call will be streamed live on Apple’s investor website, Apple’s CEO […]

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Apple announces $33.9 billion profit on $119.6 billion in revenue for Q1 2024 results

You can’t sneeze at a quarterly profit of $33.9 billion. Apple on Thursday announced its Q1 quarterly results, which correspond to the fourth quarter of 2023. During the announcement, the company posted revenue of $119.6 billion and net quarterly profit of $33.9 billion, or $2.18 per diluted share, compared to revenue of $117.2 billion and […]

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Apple posts $89.5 billion in revenue for Q4 2023, fourth consecutive quarter of declining sales

Apple once again posted a commanding revenue for the quarter, but also reported a continued drop in sales for the fourth consecutive quarter. The company’s Q4 2023 report cited a revenue of $89.5 billion in revenue, down from the $90.1 billion reported in Q4 2022. The iPhone revenue rose from $42.6 billion in Q4 2022 […]

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Foxconn reports 56 percent profit shortfall for Q1 2023, offers modest financial expectations for the year

The numbers aren’t where Foxconn, Apple’s primary supplier, would like them to be. Foxconn recently reported a 56 percent decline for its first-quarter net profit, a number that represented its largest quarterly decline in three years, the company falling far short of forecasts. During the January-March quarter, Foxconn disclosed a decline in net profit to […]