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2024 Q2 Apple Results: $90.8 billion revenue, Services record

Apple announced its financial results for its second fiscal quarter of 2024 on Thursday. The company booked $90.8 billion in revenue (down 4% versus the year-ago quarter) with $23.6 billion in profit. Mac revenue was up 4%, presumably buoyed by the release of the M3 MacBook Air. iPad revenue crashed down to $5.6 billion, a 17% drop from the year-ago quarter and the weakest iPad quarter in four years. iPhone revenue was $46 billion, down 10% versus the year-ago quarter.

Services revenue was the big highlight for Apple this quarter, with a new record $23.9 billion in revenue, up 14% year over year. The Wearables, Home, and Accessories category managed only $7.9 billion in revenue, down 10% versus the year-ago quarter.

We’ve also generated our usual transcript of the executive call with analysts, and then we broke down the numbers on YouTube:

Let’s get to the charts.

Total Apple revenue
Apple quarterly revenue by category pie chart
Total Apple profit
Year-over-year total revenue change
Percentage revenue by product line
Mac Revenue
Year-over-year Mac revenue change
iPad revenue
Year-over-year iPad revenue change
iPhone revenue
Year-over-year iPhone revenue change
Services revenue
Year-over-year Services revenue change
Apple gross margin
Wearable/Home/Accessories
Year-over-year Wearables revenue change
Apple regional revenue (four-quarter average)
Apple regional year-over-year growth
Year-over-year Greater China revenue change

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