Apple (AAPL) Revenue — Quarter Ended Jun 29, 2024
Revenue for this quarter declined compared to the prior quarter. However, it increased compared to the same quarter a year ago.
Key takeaway
Quarter ended Jun 29, 2024 · FY2024 Q3
Revenue for this quarter declined compared to the prior quarter. However, it increased compared to the same quarter a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$85.8B
Revenue reported for this quarter.
Quarter-over-quarter
-5.5%
Change from the immediately preceding quarter.
Year-over-year
+4.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$385.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $89.5B | -0.7% |
| Dec 30, 2023 | $119.6B | +2.1% |
| Mar 30, 2024 | $90.8B | -4.3% |
| Jun 29, 2024 | $85.8B | +4.9% |
Revenue performance
Revenue decreased from the immediately preceding quarter, reflecting a sequential drop. The year-over-year comparison showed growth, indicating a recovery from the prior year's level.
Quarterly comparison
Compared to the prior quarter, revenue was lower. Relative to the same quarter last year, revenue was higher.
What to watch
Monitor whether the sequential decline continues or reverses in future quarters.