US EditionApple 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.
21 Articles
21 Articles
Apple Pumps And Dumps As iPad Sales Help Topline Beat, But China Revenues Tumble
Apple Pumps And Dumps As iPad Sales Help Topline Beat, But China Revenues Tumble With most of the megatechs having already released earnings - with most disappointing and seeing their shares slide - all eyes were on the last Mag7 to report during the heart of earnings season (there is still Nvidia, but due to a calendar quirk that's not for a month) which is also the company which recently regained (from Microsoft) the title of the world's most …
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 […]
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