Apple (AAPL) 2024 Results - Annual

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Note: At this time, only Q1 results are available for 2024.

2024 results are shown. Drag the bar at the right edge to reveal 2023 for comparison.

Further Diagram Notes are below.

View 2024's results as four Quarterly diagrams →

Apple 2024 Results iPhone → Products: $69,702M Products → Apple 2024 Q1 Net Sales: $58,440M Apple 2024 Q1 Net Sales → Cost of Sales: $58,440M Gross Margin → Operating Income: $40,373M Operating Income → Income before Taxes: $40,323M Products → Apple 2024 Q1 Net Sales: $38,018M Apple 2024 Q1 Net Sales → Gross Margin: $38,018M Income before Taxes → Net Income: $33,916M Services → Apple 2024 Q1 Net Sales: $16,837M Apple 2024 Q1 Net Sales → Gross Margin: $16,837M Wearables, Home, Accessories → Products: $11,953M Mac → Products: $7,780M Gross Margin → Research & Development: $7,696M iPad → Products: $7,023M Gross Margin → Selling, General, Administrative: $6,786M Income before Taxes → Taxes: $6,407M Services → Apple 2024 Q1 Net Sales: $6,280M Apple 2024 Q1 Net Sales → Cost of Sales: $6,280M Operating Income → Other Expense: $50M iPhone: $69,702M Products: $96,458M Wearables, Home, Accessories: $11,953M Mac: $7,780M iPad: $7,023M Apple 2024 Q1 Net Sales: $119,575M Services: $23,117M Cost of Sales: $64,720M Gross Margin: $54,855M Research & Development: $7,696M Selling, General, Administrative: $6,786M Operating Income: $40,373M Other Expense: $50M Income before Taxes: $40,323M Taxes: $6,407M Net Income: $33,916M Made at SankeyMATIC.com iPhone$69,702M Products$96,458M Wearables, Home,Accessories$11,953M Mac$7,780M iPad$7,023M Apple 2024 Q1Net Sales$119,575M Services$23,117M Cost of Sales$64,720M GrossMargin$54,855M Research & Development$7,696M Selling, General,Administrative$6,786M OperatingIncome$40,373M Other Expense$50M Incomebefore Taxes$40,323M Taxes$6,407M NetIncome$33,916M
Apple 2023 Results iPhone → Products: $65,775M Products → Apple 2023 Net Sales: $60,765M Apple 2023 Net Sales → Cost of Sales: $60,765M iPhone → Products: $51,334M Products → Apple 2023 Net Sales: $46,795M Apple 2023 Net Sales → Cost of Sales: $46,795M iPhone → Products: $43,805M Products → Apple 2023 Net Sales: $42,586M Apple 2023 Net Sales → Cost of Sales: $42,586M iPhone → Products: $39,669M Products → Apple 2023 Net Sales: $39,136M Apple 2023 Net Sales → Cost of Sales: $39,136M Gross Margin → Operating Income: $36,016M Products → Apple 2023 Net Sales: $35,623M Apple 2023 Net Sales → Gross Margin: $35,623M Operating Income → Income before Taxes: $35,623M Income before Taxes → Net Income: $29,998M Gross Margin → Operating Income: $28,318M Operating Income → Income before Taxes: $28,318M Products → Apple 2023 Net Sales: $27,134M Apple 2023 Net Sales → Gross Margin: $27,134M Gross Margin → Operating Income: $26,969M Operating Income → Income before Taxes: $26,969M Products → Apple 2023 Net Sales: $24,598M Apple 2023 Net Sales → Gross Margin: $24,598M Income before Taxes → Net Income: $24,160M Gross Margin → Operating Income: $22,998M Income before Taxes → Net Income: $22,956M Operating Income → Income before Taxes: $22,733M Products → Apple 2023 Net Sales: $21,448M Apple 2023 Net Sales → Gross Margin: $21,448M Income before Taxes → Net Income: $19,881M Services → Apple 2023 Net Sales: $15,829M Apple 2023 Net Sales → Gross Margin: $15,829M Services → Apple 2023 Net Sales: $14,965M Apple 2023 Net Sales → Gross Margin: $14,965M Services → Apple 2023 Net Sales: $14,842M Apple 2023 Net Sales → Gross Margin: $14,842M Services → Apple 2023 Net Sales: $14,709M Apple 2023 Net Sales → Gross Margin: $14,709M Wearables, Home, Accessories → Products: $13,482M iPad → Products: $9,396M Wearables, Home, Accessories → Products: $9,322M Wearables, Home, Accessories → Products: $8,757M Wearables, Home, Accessories → Products: $8,284M Mac → Products: $7,735M Gross Margin → Research & Development: $7,709M Mac → Products: $7,614M Gross Margin → Research & Development: $7,457M Gross Margin → Research & Development: $7,442M Gross Margin → Research & Development: $7,307M Mac → Products: $7,168M Mac → Products: $6,840M iPad → Products: $6,670M Gross Margin → Selling, General, Administrative: $6,607M Services → Apple 2023 Net Sales: $6,485M Apple 2023 Net Sales → Cost of Sales: $6,485M iPad → Products: $6,443M Services → Apple 2023 Net Sales: $6,248M Apple 2023 Net Sales → Cost of Sales: $6,248M Gross Margin → Selling, General, Administrative: $6,201M Gross Margin → Selling, General, Administrative: $6,151M Services → Apple 2023 Net Sales: $6,065M Apple 2023 Net Sales → Cost of Sales: $6,065M Services → Apple 2023 Net Sales: $6,057M Apple 2023 Net Sales → Cost of Sales: $6,057M Gross Margin → Selling, General, Administrative: $5,973M iPad → Products: $5,791M Income before Taxes → Taxes: $5,625M Income before Taxes → Taxes: $4,222M Income before Taxes → Taxes: $4,042M Income before Taxes → Taxes: $2,852M Operating Income → Other Expense: $393M Operating Income → Other Expense: $265M Other Income → Income before Taxes: $64M Other Income → Income before Taxes: $29M iPhone: $200,583M Products: $298,085M Wearables, Home, Accessories: $39,845M Mac: $29,357M iPad: $28,300M Apple 2023 Net Sales: $383,285M Services: $85,200M Cost of Sales: $214,137M Gross Margin: $169,148M Research & Development: $29,915M Selling, General, Administrative: $24,932M Operating Income: $114,301M Other Expense: $658M Other Income: $93M Income before Taxes: $113,736M Taxes: $16,741M Net Income: $96,995M Made at SankeyMATIC.com iPhone$200,583M Products$298,085M Wearables, Home,Accessories$39,845M Mac$29,357M iPad$28,300M Apple 2023Net Sales$383,285M Services$85,200M Cost of Sales$214,137M GrossMargin$169,148M Research & Development$29,915M Selling, General,Administrative$24,932M OperatingIncome$114,301M Other Expense$658M Other Income$93M Incomebefore Taxes$113,736M Taxes$16,741M NetIncome$96,995M

Hover over any flow to see specific dollar amounts broken down by quarter.
The flows are in quarterly order, with Q1 at the top.

Diagram Notes

Data Sources

Apple's consolidated financial statements for:

Credits


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