Products → Revenue: $61.6BRevenue → Cost of revenue: $46.1BCost of revenue → Product costs: $39.8BRevenue → Gross profit: $39.7BiPhone → Products: $39.3BGross profit → Operating profit: $25.4BServices → Revenue: $24.2BOperating profit → Net profit: $21.3BGross profit → Operating expenses: $14.3BWatch & AirPods → Products: $8.1BOperating expenses → R&D: $8.0BiPad → Products: $7.2BMac → Products: $7.0BOperating expenses → SG&A: $6.3BCost of revenue → Service costs: $6.3BOperating profit → Tax: $4.0BOther income → Net profit: $0.1BiPhone: $39.3BProducts: $61.6BMac: $7.0BiPad: $7.2BWatch & AirPods: $8.1BRevenue: $85.8BServices: $24.2BGross profit: $39.7BCost of revenue: $46.1BOperating profit: $25.4BOperating expenses: $14.3BProduct costs: $39.8BService costs: $6.3BNet profit: $21.4BTax: $4.0BOther income: $0.1BR&D: $8.0BSG&A: $6.3Bcreated with SankeyArt.comiPhone$39.3B-1% Y/YProducts$61.6B2% Y/YMac$7.0B2% Y/YiPad$7.2B24% Y/YWatch & AirPods$8.1B-2% Y/YRevenue$85.8B5% Y/YServices$24.2B14% Y/YGross profit$39.7B9% Y/YCost of revenue$46.1B2% Y/YOperating profit$25.4B10% Y/YOperating expenses$14.3B7% Y/YProduct costs$39.8B2% Y/YService costs$6.3B1% Y/YNet profit$21.4B8% Y/YTax$4.0B42% Y/YOther income$0.1BR&D$8.0B8% Y/YSG&A$6.3B6% Y/YApple Q3 FY24 Income Statement
2022
Q4 Full Year
2023
Q1 Q2 Q3 Q4 Full Year
2024
Q1 Q2 Q3