Apple reported for the fourth fiscal quarter. Revenue grew to $94.9 billion

Apple reported for the fourth fiscal (third calendar) quarter of 2024.

The company posted revenue of $94.9 billion and quarterly net income of $14.7 billion, compared with revenue of $89.5 billion and quarterly net income of $23 billion in the same period a year earlier. The growth was 6%. Gross margin for the quarter was 46.2%, down from 45.2% a year earlier.

Indicators by category:

• iPhone: $46.2 billion (+5.5%)
• Mac: $7.7 billion (+1.7%)
• iPad: $6.9 billion (+7.8%)
• Wearable devices, accessories, smart home: $9 billion (-3%)
• Services: $25 billion (+12%)

Earnings per share were $0.97. Apple’s board of directors recommended paying dividends in the amount of $0.25 – this will happen on November 14.