Published 08/01/2024 8:32:45 p.m.

Apple sales rise 5%, topping estimates as iPad and Services revenues jump

Apple reported a 5% increase in sales, topping estimates, with iPad revenue rising 24% to $7.16 billion amid a backdrop of iPhone sales totaling $39.3 billion.
A significant portion of buyers for the Apple Watch and iPad were first-time owners, indicating potential for continued market growth.
Apple's Services segment achieved record revenue of $24.21 billion, rising 14% year-over-year, despite a slight decline in iPhone sales.

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Reuters

Apple revenue returns to growth as iPhone sales top expectations

Apple on Thursday reported a return to sales growth in its fiscal third quarter as iPhone revenue topped Wall Street targets, helping cushion a bigger-than-expected sales decline in major market China.

08/01/2024 8:32:45 p.m.·United Kingdom

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CNBC

Apple sales rise 5%, topping estimates as iPad and Services revenues jump

Apple reported earnings after the bell on Thursday.

08/01/2024 4:00:01 p.m.·United States

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The Telegraph

Apple iPhone sales fall to lowest level in three years - latest updates

Sales of the iPhone have fallen to the lowest level for three years after Apple’s popularity dropped in China and as shoppers wait for new models.

08/01/2024 6:30:00 a.m.·London, United Kingdom

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Variety

Apple Services Quarterly Revenue Hits New Record, Growing 14% to $24.2 Billion

Apple’s Services segment provided a lift to the tech giant’s overall June 2024 quarterly earnings, amid a slight drop-off in iPhone sales. The company’s Services division, which includes Apple TV+, Apple Music, the App Store and other services, posted a new quarterly revenue record of $24.21 billion, an increase of 14.1%. Sales of the company’s […]

08/01/2024 9:00:23 p.m.·Los Angeles, United States

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Bloomberg

Apple Sales Top Estimates After New iPads Help Bolster Results

Apple Inc. marked a return to revenue growth last quarter and topped analysts’ estimates, indicating that upgraded iPads and a strong services business helped make up for headwinds in China.

08/01/2024 8:32:45 p.m.·United States

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Nikkei

Apple sets new June quarter revenue record but China woes continue

PALO ALTO, California -- Apple reported a new revenue record for the April-June quarter on Thursday. But declining sales in China continued as the iPh

08/01/2024 9:11:40 p.m.·Japan

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