Apple (AAPL) Revenue — Quarter Ended Sep 28, 2024
Revenue increased in the current quarter, driven by growth compared to both the prior quarter and the same period last year. The performance reflects a continuation of positive momentum after a sequential decline in the preceding quarter.
Key takeaway
Quarter ended Sep 28, 2024 · FY2024 Q4
Revenue increased in the current quarter, driven by growth compared to both the prior quarter and the same period last year. The performance reflects a continuation of positive momentum after a sequential decline in the preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$94.9B
Revenue reported for this quarter.
Quarter-over-quarter
+10.7%
Change from the immediately preceding quarter.
Year-over-year
+6.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$391B
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 |
|---|---|---|
| Dec 30, 2023 | $119.6B | +2.1% |
| Mar 30, 2024 | $90.8B | -4.3% |
| Jun 29, 2024 | $85.8B | +4.9% |
| Sep 28, 2024 | $94.9B | +6.1% |
Revenue performance
The reported revenue rose in the quarter, supported by stronger year-over-year and sequential comparisons. The improvement followed a period of mixed results earlier in the fiscal year.
Quarterly comparison
Revenue increased sequentially from the immediately preceding quarter and also grew compared to the same quarter one year earlier. Both metrics showed positive movement, reversing the prior quarter's decline.
What to watch
The company noted its cash position and ongoing cash generation remain sufficient to support capital return plans.