Products → Revenue: $74BRevenue → Cost of revenue: $53BiPhone → Products: $51BCost of revenue → Product costs: $47BRevenue → Gross profit: $42BGross profit → Operating profit: $28BOperating profit → Net profit: $24BServices → Revenue: $21BGross profit → Operating expenses: $14BWatch & AirPods → Products: $9BOperating expenses → R&D: $7BMacBook → Products: $7BiPad → Products: $7BOperating expenses → SG&A: $6BCost of revenue → Service costs: $6BOperating profit → Tax: $4BOther income → Net profit: $0BiPhone: $51BProducts: $74BMacBook: $7BiPad: $7BWatch & AirPods: $9BRevenue: $95BServices: $21BGross profit: $42BCost of revenue: $53BOperating profit: $28BOperating expenses: $14BProduct costs: $47BService costs: $6BNet profit: $24BTax: $4BOther income: $0BR&D: $7BSG&A: $6Bcreated with SankeyArt.comiPhone$51B2% Y/YProducts$74B-5% Y/YMacBook$7B-31% Y/YiPad$7B-13% Y/YWatch & AirPods$9B-1% Y/YRevenue$95B-3% Y/YServices$21B5% Y/YGross profit$42B-1% Y/YCost of revenue$53B-3% Y/YOperating profit$28B-6% Y/YOperating expenses$14B9% Y/YProduct costs$47B-5% Y/YService costs$6B12% Y/YNet profit$24B-3% Y/YTax$4B-18% Y/YOther income$64MR&D$7B17% Y/YSG&A$6B0% Y/YApple Q2 FY23 Income Statement
2020
Full Year
2021
Full Year
2022
Q4 Full Year
2023
Q1 Q2 Q3 Q4 Full Year
2024
Q1 Q2 Q3 Full Year
2025
Q1 Q2
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