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Feb 1, 2024 · CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2024 first quarter ended December 30, 2023. The Company posted quarterly revenue of $119.6 billion, up 2 percent year over year, and quarterly earnings per diluted share of $2.18, up 16 percent year over year.
USApple Industry Outlook 2022 - U.S. Apple Utilization usapple.org | 23. In terms of market share for fresh and processing apples, Washington still dominates due to the scale of that state’s production. In the 2022/23 CY, almost 70% of fresh apples and 41% of processing apples will be grown there.
Its 17th and latest generation, the iPhone 15 lineup, was released in 2023 – the year that Apple surpassed Samsung in smartphone shipments for the first time ever. Apple is a major player in a...
Oct 27, 2022 · Annual revenue was $394.3 billion, up 8 percent year over year, and annual earnings per diluted share were $6.11, up 9 percent year over year. “This quarter’s results reflect Apple’s commitment to our customers, to the pursuit of innovation, and to leaving the world better than we found it,” said Tim Cook, Apple’s CEO.
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Apple generated $383.2 billion revenue in 2023, 52% came from iPhone salesApple Services is the second largest division, responsible for 22% of revenue in 2023232 million iPhones, 61 million iPads and 26 million Mac and MacBook units were sold in 2022Apple’s home and wearables division declined by 3.6% in 2023Apple revenue increased dramatically in the 2010s, from $65 billion at the start of the decade to $274 billion by the end. Revenues declined by 2.7% in 2022.
Apple has always been most successful in the United States, its home country. Americas is responsible for 42% of all revenue generation and approximately 35% of that is from the US alone.
iPhone continues to be the main revenue generator, but its percentage has decreased in the past five years. Services has seen the highest percentage increase over the past five years.
iPhone is Apple’s most valuable product and has, since 2008, been its main source of revenue. Even though Apple has diversified its product line with Watch, AirPods and services, iPhone is still responsible for 52% of its revenue.
Apple saw double-digit year-on-year growth in iPhone revenue from 2008 to 2015, but revenues stagnated for the five years afterwards. Revenues declined in 2023, after two years of strong growth.
Sales have steadily fallen in China since 2015, although it had a slight increase in 2021. All other regions have been steady in terms of sales.
Even though Apple device sales have stagnated in the past few years, it has added more active iPhone users every year. Apple has switched its focus to services and other long-term revenue sources, as customers keep their phones for longer.
There are just under 150 million active iPhone units in the United States, making Apple by far the most popular smartphone manufacturer and ahead of all Android device manufacturers combined.
Hotly anticipated after the success of the iPhone, the iPad made an immediate mark, adding $19 billion to Apple’s revenue in the first year. iPad sales peaked in 2013, with the launch of the iPad Mini enticing 97 million customers.
Nov 3, 2023 · The Q4 2023 earnings call set out a mixed financial landscape, with record-breaking service revenues counterbalanced by a downturn in hardware sales, and a strong focus on future technologies and products.
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Oct 28, 2021 · Apple Reports Fourth Quarter Results. New September quarter record with revenue up 29 percent. Services and Mac revenue reach new all-time highs. CUPERTINO, CALIFORNIA October 28, 2021 Apple today announced financial results for its fiscal 2021 fourth quarter ended September 25, 2021.
