Thursday, October 31st 2024
Apple Reports Q4 2024 Financial Results
Apple today announced financial results for its fiscal 2024 fourth quarter ended September 28, 2024. The Company posted quarterly revenue of $94.9 billion, up 6 percent year over year, and quarterly diluted earnings per share of $0.97. Diluted earnings per share was $1.64,1 up 12 percent year over year when excluding the one-time charge recognized during the fourth quarter of 2024 related to the impact of the reversal of the European General Court's State Aid decision.
"Today Apple is reporting a new September quarter revenue record of $94.9 billion, up 6 percent from a year ago," said Tim Cook, Apple's CEO. "During the quarter, we were excited to announce our best products yet, with the all-new iPhone 16 lineup, Apple Watch Series 10, AirPods 4, and remarkable features for hearing health and sleep apnea detection. And this week, we released our first set of features for Apple Intelligence, which sets a new standard for privacy in AI and supercharges our lineup heading into the holiday season."
"Our record business performance during the September quarter drove nearly $27 billion in operating cash flow, allowing us to return over $29 billion to our shareholders," said Luca Maestri, Apple's CFO. "We are very pleased that our active installed base of devices reached a new all-time high across all products and all geographic segments, thanks to our high levels of customer satisfaction and loyalty."
Apple's board of directors has declared a cash dividend of $0.25 per share of the Company's common stock. The dividend is payable on November 14, 2024 to shareholders of record as of the close of business on November 11, 2024.
Apple will provide live streaming of its Q4 2024 financial results conference call beginning at 2:00 p.m. PT on October 31, 2024 at apple.com/investor/earnings-call. The webcast will be available for replay for approximately two weeks thereafter.
Source:
Apple
"Today Apple is reporting a new September quarter revenue record of $94.9 billion, up 6 percent from a year ago," said Tim Cook, Apple's CEO. "During the quarter, we were excited to announce our best products yet, with the all-new iPhone 16 lineup, Apple Watch Series 10, AirPods 4, and remarkable features for hearing health and sleep apnea detection. And this week, we released our first set of features for Apple Intelligence, which sets a new standard for privacy in AI and supercharges our lineup heading into the holiday season."
Apple's board of directors has declared a cash dividend of $0.25 per share of the Company's common stock. The dividend is payable on November 14, 2024 to shareholders of record as of the close of business on November 11, 2024.
Apple will provide live streaming of its Q4 2024 financial results conference call beginning at 2:00 p.m. PT on October 31, 2024 at apple.com/investor/earnings-call. The webcast will be available for replay for approximately two weeks thereafter.
13 Comments on Apple Reports Q4 2024 Financial Results
Don't care much for the company per se, but there financials are awe-inspiring....Thanks Luca !
~380Bill/yr...............Approaching 1/2 trillion a year................
UT *LUDICROUS MONEY!!!!!!!!!!*
I've always painted the Web as the cornerstone of the iPod/iPhone resuscitation process. But really, the Web itself was nearly conquered by M$. M$ was well on its way to picking the winners there too. Namely itself. So Google winning the search engine wars gave everyone some breathing room. Time for the smartphone to be born.
google Has little todo with with apples survival and rise.
as the advertisement company it self was still fighting for dominance with yahoo and aol when the critical stuff happened.
Of course this kind of thinking is ludicrous. MS only ‘live’ because IBM was a MSDOS customer. All companies only ‘live’ because consumers like you and me buy their products.
Allow companies to be responsible for their own success and don’t try and rationalize said success based on your view towards the company.
Chrome only became a major browser in 2012 way after Apple became the giant it is today even later than the EU forced microsoft to offer a browser choice in windows.
www.zdnet.com/article/stop-the-lies-the-day-that-microsoft-saved-apple/
The ‘investment’ seems to be a lawsuit settlement. You can’t exactly save a company if you were actively working to destroy it.
Smartphones and open standards were where the changes took place. Websites stopped focusing purely on Internet Explorer and began following the actual W3C standards. None of that would've occurred if M$ was completely in control. M$ would've, and probably did, published its own set of libraries for using only Internet Explorer.
The EU moves were too late and not substantial to change any direction. Sure, good for citizens now. And I hope the EU keeps at it. USA needs to follow suit.
Google is responsible for providing the open playing field and standards based transition.
but that was a 2 decades later than when microsoft gave up on ""controling"" the internet