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Products → Revenue: $67B
Revenue → Cost of revenue: $48B
iPhone → Products: $46B
Cost of revenue → Product costs: $42B
Revenue → Gross profit: $42B
Gross profit → Operating profit: $28B
Services → Revenue: $24B
Operating profit → Net profit: $24B
Gross profit → Operating expenses: $14B
Watch & AirPods → Products: $8B
Operating expenses → R&D: $8B
MacBook → Products: $7B
Operating expenses → SG&A: $6B
Cost of revenue → Service costs: $6B
iPad → Products: $6B
Operating profit → Tax: $4B
Other income → Operating profit: $0B
iPhone: $46B
Products: $67B
MacBook: $7B
iPad: $6B
Watch & AirPods: $8B
Revenue: $91B
Services: $24B
Gross profit: $42B
Cost of revenue: $48B
Other income: $0B
Operating profit: $28B
Operating expenses: $14B
Product costs: $42B
Service costs: $6B
Net profit: $24B
Tax: $4B
R&D: $8B
SG&A: $6B
created with SankeyArt.com
iPhone
$46B
-10% Y/Y
Products
$67B
-10% Y/Y
MacBook
$7B
4% Y/Y
iPad
$6B
-17% Y/Y
Watch & AirPods
$8B
-10% Y/Y
Revenue
$91B
-4% Y/Y
Services
$24B
14% Y/Y
Gross profit
$42B
1% Y/Y
Cost of revenue
$48B
-8% Y/Y
Other income
$158M
147% Y/Y
Operating profit
$28B
-1% Y/Y
Operating expenses
$14B
5% Y/Y
Product costs
$42B
-9% Y/Y
Service costs
$6B
-0% Y/Y
Net profit
$24B
-2% Y/Y
Tax
$4B
5% Y/Y
R&D
$8B
6% Y/Y
SG&A
$6B
4% Y/Y
Apple Q2 FY24 Income Statement
2022
Q4
Full Year
2023
Q1
Q2
Q3
Q4
Full Year
2024
Q1
Q2