Products → Revenue: $67BRevenue → Cost of revenue: $48BiPhone → Products: $46BCost of revenue → Product costs: $42BRevenue → Gross profit: $42BGross profit → Operating profit: $28BServices → Revenue: $24BOperating profit → Net profit: $24BGross profit → Operating expenses: $14BWatch & AirPods → Products: $8BOperating expenses → R&D: $8BMacBook → Products: $7BOperating expenses → SG&A: $6BCost of revenue → Service costs: $6BiPad → Products: $6BOperating profit → Tax: $4BOther income → Operating profit: $0BiPhone: $46BProducts: $67BMacBook: $7BiPad: $6BWatch & AirPods: $8BRevenue: $91BServices: $24BGross profit: $42BCost of revenue: $48BOther income: $0BOperating profit: $28BOperating expenses: $14BProduct costs: $42BService costs: $6BNet profit: $24BTax: $4BR&D: $8BSG&A: $6Bcreated with SankeyArt.comiPhone$46B-10% Y/YProducts$67B-10% Y/YMacBook$7B4% Y/YiPad$6B-17% Y/YWatch & AirPods$8B-10% Y/YRevenue$91B-4% Y/YServices$24B14% Y/YGross profit$42B1% Y/YCost of revenue$48B-8% Y/YOther income$158M147% Y/YOperating profit$28B-1% Y/YOperating expenses$14B5% Y/YProduct costs$42B-9% Y/YService costs$6B-0% Y/YNet profit$24B-2% Y/YTax$4B5% Y/YR&D$8B6% Y/YSG&A$6B4% Y/YApple Q2 FY24 Income Statement
2022
Q4 Full Year
2023
Q1 Q2 Q3 Q4 Full Year
2024
Q1 Q2