๐น Revenue: $95.36B (Est. $94.59B) ๐ข; +5% YoY
๐น EPS: $1.65 (Est. $1.62) ๐ข; +8% YoY
๐น Greater China: $16.00B (Est. $16.83B) ๐ด; -2% YoY
๐ธ New $100B Share Repurchase Program Authorized
Segment Revenue:
๐น iPhone: $46.84B (Est. $45.94B) ๐ข; +1.9% YoY
๐น Mac: $7.95B (Est. $7.75B) ๐ข; +6.7% YoY
๐น iPad: $6.40B (Est. $6.12B) ๐ข; +15.2% YoY
๐น Wearables, Home & Accessories: $7.52B (Est. $8.05B) ๐ด; -4.9% YoY
๐น Services: $26.65B (Est. $26.72B) ๐ด; +11.7% YoY
๐น Products: $68.71B (Est. $67.84B) ๐ข;+2.7% YoY
Geographic Revenue:
๐น Americas: $40.32B; UP +8% YoY
๐น Europe: $24.45B; UP +1% YoY
๐น Greater China: $16.00B (Est. $16.83B) ๐ด; -2% YoY
๐น Japan: $7.30B; UP +17% YoY
๐น Rest of Asia Pacific: $7.29B; UP +8% YoY
Operating Metrics:
๐น Total Operating Expenses: $15.28B (Est. $15.17B) ๐ก
๐น R&D Expenses: $8.55B; UP +8% YoY
๐น SG&A Expenses: $6.73B; UP +4% YoY
๐น Operating Income: $29.59B; UP +6% YoY
๐น Net Income: $24.78B; UP +5% YoY
๐น Operating Cash Flow: $24B
Balance Sheet & Cash Flow:
๐น Cash and Cash Equivalents: $28.16B
๐น Total Current Assets: $118.67B
๐น Total Current Liabilities: $144.57B
๐น Total Shareholder Equity: $66.80B
Capital Return:
๐น Dividend per Share: $0.26 ๐ก; UP +4% YoY
๐น Returned $29B to shareholders during the quarter
CEO Tim Cook Commentary:
๐ธ "Strong quarterly results, including double-digit growth in Services. Excited to introduce the iPhone 16e and new Macs/iPads powered by Apple silicon. Weโve cut our carbon emissions by 60% over the past decade."
CFO Kevan Parekh Commentary:
๐ธ "EPS grew 8%, driven by solid business performance and $24B in operating cash flow. Our installed base of active devices hit a new all-time high across all categories and geographies."