Products → Revenue: $96BRevenue → Cost of revenue: $67BiPhone → Products: $66BCost of revenue → Product costs: $61BRevenue → Gross profit: $50BGross profit → Operating profit: $36BOperating profit → Net profit: $30BServices → Revenue: $21BGross profit → Operating expenses: $14BWatch and AirPods → Products: $13BiPad → Products: $9BMacBook → Products: $8BOperating expenses → R&D: $8BOperating expenses → SG&A: $7BCost of revenue → Service costs: $6BOperating profit → Tax: $6BOperating profit → Other: $0BiPhone: $66BProducts: $96BMacBook: $8BiPad: $9BWatch and AirPods: $13BRevenue: $117BServices: $21BGross profit: $50BCost of revenue: $67BOperating profit: $36BOperating expenses: $14BProduct costs: $61BService costs: $6BNet profit: $30BTax: $6BOther: $0BR&D: $8BSG&A: $7Bcreated with SankeyArt.comiPhone$66B-8% Y/YProducts$96B-8% Y/YMacBook$8B-29% Y/YiPad$9B30% Y/YWatch and AirPods$13B-8% Y/YRevenue$117B-5% Y/YServices$21B6% Y/YGross profit$50B-7% Y/YCost of revenue$67B-4% Y/YOperating profit$36B-13% Y/YOperating expenses$14B12% Y/YProduct costs$61B-6% Y/YService costs$6B12% Y/YNet profit$30B-13% Y/YTax$6B-15% Y/YOther$393M59% Y/YR&D$8B22% Y/YSG&A$7B2% Y/YApple Q1 FY23 Income Statement
2022
Q4 Full Year
2023
Q1 Q2 Q3 Q4 Full Year
2024
Q1 Q2 Q3 Full Year
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