Products → Revenue: $67BRevenue → Cost of revenue: $49BiPhone → Products: $44BCost of revenue → Product costs: $43BRevenue → Gross profit: $40BGross profit → Operating profit: $27BOperating profit → Net profit: $23BServices → Revenue: $22BGross profit → Operating expenses: $13BWatch & AirPods → Products: $9BMacBook → Products: $8BOperating expenses → R&D: $7BCost of revenue → Service costs: $6BiPad → Products: $6BOperating expenses → SG&A: $6BOperating profit → Tax: $4BOther income → Net profit: $0BiPhone: $44BProducts: $67BMacBook: $8BiPad: $6BWatch & AirPods: $9BRevenue: $89BServices: $22BGross profit: $40BCost of revenue: $49BOperating profit: $27BOperating expenses: $13BProduct costs: $43BService costs: $6BNet profit: $23BTax: $4BOther income: $0BR&D: $7BSG&A: $6Bcreated with SankeyArt.comiPhone$44B3% Y/YProducts$67B-5% Y/YMacBook$8B-34% Y/YiPad$6B-10% Y/YWatch & AirPods$9B-3% Y/YRevenue$89B-1% Y/YServices$22B16% Y/YGross profit$40B6% Y/YCost of revenue$49B-6% Y/YOperating profit$27B-6% Y/YOperating expenses$13B2% Y/YProduct costs$43B-8% Y/YService costs$6B14% Y/YNet profit$23B-7% Y/YTax$4B3% Y/YOther income$29MR&D$7B8% Y/YSG&A$6B-4% Y/YApple Q4 FY23 Income Statement
2022
Q4 Full Year
2023
Q1 Q2 Q3 Q4 Full Year
2024
Q1