Apple on Thursday announced its fourth quarter 2024 earnings, posting revenue of $94.9 billion for the quarter, a 6 percent increase year over year.
Apple on Thursday announced its fourth quarter 2024 earnings, posting revenue of $94.9 billion for the quarter, a 6 percent increase year over year, and a record for the quarter. Quarterly earnings per diluted share are $0.97. Diluted earnings per share was $1.64, up 12 percent year over year. The company reported $14.7 billion in profit.
Apple beat the analysts’ predicted revenue of $94.58 billion expected, $1.60 diluted earnings per share.
Apple continues to see growth in Services, which posted $25 billion in revenue, a 12 percent increase from last year’s $22.3 billion. iPhone sales were up year over year, posting $46.2 billion in revenue, which is a 5.5 percent increase from the fourth quarter of 2023. iPad sales were also up, posting $6.9 billion in revenue, which is a 7.9 percent increase.
