Products → Revenue: $307.0BRevenue → Cost of revenue: $221.0BiPhone → Products: $209.6BRevenue → Gross profit: $195.2BCost of revenue → Product costs: $194.1BGross profit → Operating profit: $133.1BOperating profit → Net profit: $112.0BServices → Revenue: $109.2BGross profit → Operating expenses: $62.2BWearable & acc. → Products: $35.7BOperating expenses → R&D: $34.5BMac → Products: $33.7BiPad → Products: $28.0BOperating expenses → SG&A: $27.6BCost of revenue → Service costs: $26.8BOperating profit → Tax: $20.7BOperating profit → Other: $0.3BCost of revenue$221.0B5% Y/YGross profit$195.2B8% Y/YMac$33.7B12% Y/YNet profit$112.0B20% Y/YOperating expenses$62.2B8% Y/YOperating profit$133.1B8% Y/YOther$0.3BProduct costs$194.1B5% Y/YProducts$307.0B4% Y/YR&D$34.5B10% Y/YRevenue$416.2B6% Y/YSG&A$27.6B6% Y/YService costs$26.8B7% Y/YServices$109.2B14% Y/YTax$20.7B-30% Y/YWearable & acc.$35.7B-4% Y/YiPad$28.0B5% Y/YiPhone$209.6B4% Y/YApple FY25 Income Statement
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