earnings
confidence high
sentiment positive
materiality 0.70
Apple Q1 revenue $119.6B (+2% YoY), EPS $2.18 (+16% YoY); Services hits all-time record
Apple Inc.
2024-Q1 EPS reported
$2.18
revenue$119,575,000,000
- Revenue $119.6B, up 2% YoY; diluted EPS $2.18, up 16% YoY (13-week vs 14-week quarter).
- Services revenue reached an all-time record; iPhone sales fueled growth.
- Installed base of active devices surpassed 2.2 billion, an all-time high.
- Operating cash flow nearly $40B; returned ~$27B to shareholders during the quarter.
- Board declared $0.24/share dividend, payable Feb 15, 2024 to holders of record Feb 12, 2024.