By Apple has announced its earnings for fiscal Q4 2024, surpassing Wall Street’s predictions for both revenue and earnings per share. The company reported $94.93 billion in revenue for the quarter, marking a 6% increase from the previous year and setting a new record for September quarter earnings. In the same period last year, Apple’s revenue was $89.5 billion.
Apple’s fiscal fourth quarter started on June 30 and ended on September 28. Pre-orders for the iPhone 16, along with the Apple Watch Series 10, began on September 13. While fiscal Q4 offers an initial glimpse into the success of the latest iPhone, the figures don’t reveal the complete story but do indicate that iPhone sales are thriving.
Apple’s Record-Breaking Q4 2024: CEO Tim Cook Highlights Success and New Innovations
Apple CEO Tim Cook celebrated the company’s Q4 2024 achievements, calling it their “best quarter ever.” He shared key highlights from Apple’s performance and product launches:
- Revenue Milestone: Apple set a new September quarter revenue record at $94.9 billion, marking a 6% growth from the previous year.
- Exciting Product Launches: The quarter saw the introduction of Apple’s most advanced products yet, including:
- The all-new iPhone 16 lineup
- Apple Watch Series 10
- AirPods 4
- Innovative features for hearing health and sleep apnea detection
- Apple Intelligence Launch: Apple debuted Apple Intelligence, designed to elevate privacy in AI and enhance Apple’s ecosystem, setting a strong foundation for the holiday season.
