Apple Earned $90.8 Billion in Revenue in the 2nd Quarter of 2024

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Apple 2024 2nd Quarter

Apple reported its fiscal 2024 revenues for the second quarter ending on March 30. explained. In this quarter, revenues are 90.753 billion dollars. On the other hand, this figure means a decrease of 4 percent compared to 94.836 billion in the same period of the previous year. Net income was 23.636 billion dollars in the quarter. Let us remind you that a year ago this figure was 24.160 billion dollars.

Apple CEO Tim Cook said that it is difficult to compare the last quarter results of the same period in 2023. The reason for this is Apple’s $5 billion delayed sales a year ago for its then-iPhone 14 due to supply problems caused by the COVID-19 epidemic. ±The job save is shown.

While iPhone revenues were $45.96 billion in the last quarter, this shows a 10 percent decrease compared to the same period of the previous year. iPad revenues decreased by 17 percent compared to the previous year, reaching 5.6 billion dollars.

Revenue from Macs reached $7.45 billion in this quarter, an increase of 4 percent compared to the previous year. The Other Products category, which includes revenues from Apple Watch, was $7.9 billion, down 10 percent from the previous year. The revenue of services, including Apple Music and Apple TV + subscriptions, reached 23.9 billion dollars in this quarter, an increase of 14.2% compared to the previous year.

Apple will hold a virtual press event on May 7, where the company is expected to introduce the new iPad Pro and iPad Air tablets.

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