Apple Q3 FY 2024 Earnings

tl;dr

• Total Net Sales: $85.78 billion (Increased from $81.80 billion in '23)Products: $61.56 billionServices: $24.21 billion
• Products: $61.56 billion
• Services: $24.21 billion
• Total Cost of Sales: $46.10 billion (Increased from $45.38 billion in '23)
• Gross Margin: $39.68 billion (Increased from $36.41 billion in '23)
• Operating Income: $25.35 billion (Increased from $22.99 billion in '23)
• Net Income: $21.45 billion (Increased from $19.88 billion in '23)
• Earnings Per Share (Basic): $1.40 (Increased from $1.27 in '23)

Nine Months Ended June 29, 2024:

• Total Net Sales: $296.11 billion (Increased from $293.79 billion in '23)Products: $224.91 billionServices: $71.20 billion
• Products: $224.91 billion
• Services: $71.20 billion
• Total Cost of Sales: $159.30 billion (Decreased from $165.07 billion in '23)
• Gross Margin: $136.80 billion (Increased from $128.72 billion in '23)
• Operating Income: $93.63 billion (Increased from $87.33 billion in '23)
• Net Income: $79.00 billion (Increased from $74.04 billion in '23)
• Earnings Per Share (Basic): $5.13 (Increased from $4.69 in '23)

Net Sales by Segment (Three Months Ended):

• Americas: $37.68 billion
• Europe: $21.88 billion
• Greater China: $14.73 billion
• Japan: $5.10 billion
• Rest of Asia Pacific: $6.39 billion

Net Sales by Category (Three Months Ended):

• iPhone: $39.30 billion
• Mac: $7.01 billion
• iPad: $7.16 billion
• Wearables, Home and Accessories: $8.10 billion
• Services: $24.21 billion