Apple on Thursday announced its fourth quartern 2024 remuneration , posting revenue of $ 94.9 billion for the poop , a 6 percent growth year over yr , and a record for the after part . Quarterly earnings per dilute part are $ 0.97 . Diluted earnings per share was $ 1.64 , up 12 percent twelvemonth over year . The company reported $ 14.7 billion in profit .
Apple beat the analysts ’ bode taxation of $ 94.58 billion expected , $ 1.60 diluted earnings per share .
Apple continues to see increase in Services , which posted $ 25 billion in gross , a 12 percent step-up from last year ’s $ 22.3 billion . iPhone sales were up twelvemonth over year , posting $ 46.2 billion in revenue , which is a 5.5 percent increase from the fourth quarter of 2023 . iPad cut-rate sale were also up , posting $ 6.9 billion in revenue , which is a 7.9 percent increase . Mac sales were also up slightly to $ 7.4 billion , compared to $ 7.6 billion in 2023 .
Apple ’s Wearables , Home , and Accessories category was the one place where the ship’s company saw a decline , post $ 9 billion in revenue , a 3 percent decrease from 2023 ’s $ 9.3 billion . Apple did state during the promulgation call that the Apple Watch installed radical reach an all - time high , but did not offer specifics .
Apple ’s profit this class accept a hit due to taxation provision . In aSeptember filingwith the U.S. Securities and Exchange Commission , Apple submit that it would “ put down a one - time income tax charge in its fourth financial stern ending September 28 , 2024 , of up to more or less $ 10 billion . ” Apple post a lucre of $ 23 billion for the same fourth part a year ago .
How the quarter ended year - over - year for Apple :
Apple declared a cash dividend of $ 0.25 per share of common gunstock collectable on November 14 , 2024 , to shareholders of criminal record at the finish of business on November 11 , 2024 .
“ Today Apple is cover a new September twenty-five percent revenue record of $ 94.9 billion , up 6 pct from a twelvemonth ago , ” said Tim Cook , Apple ’s CEO , in a press release . “ During the quarter , we were excited to declare our best products yet , with the all - novel iPhone 16 lineup , Apple Watch Series 10 , AirPods 4 , and noteworthy feature of speech for pick up health and sleep apnea detection . And this workweek , we released our first set of features for Apple Intelligence , which sets a new standard for privateness in AI and supercharge our card heading into the holiday time of year . ”
This financial earnings annunciation was the last for Apple CFO Luca Maestri , whoannouncedlast August that he is stepping down from the role . Kevan Parekh will become Apple ’s raw CFO next yr .
