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Products → Revenue: $61B
Revenue → Cost of revenue: $45B
iPhone → Products: $40B
Cost of revenue → Product costs: $39B
Revenue → Gross profit: $36B
Gross profit → Operating profit: $23B
Services → Revenue: $21B
Operating profit → Net profit: $20B
Gross profit → Operating expenses: $13B
Watch & AirPods → Products: $8B
Operating expenses → R&D: $7B
MacBook → Products: $7B
Cost of revenue → Service costs: $6B
Operating expenses → SG&A: $6B
iPad → Products: $6B
Operating profit → Tax: $3B
Operating profit → Other expenses: $0B
iPhone: $40B
Products: $61B
MacBook: $7B
iPad: $6B
Watch & AirPods: $8B
Revenue: $82B
Services: $21B
Gross profit: $36B
Cost of revenue: $45B
Operating profit: $23B
Operating expenses: $13B
Product costs: $39B
Service costs: $6B
Net profit: $20B
Tax: $3B
Other expenses: $0B
R&D: $7B
SG&A: $6B
created with SankeyArt.com
iPhone
$40B
-2% Y/Y
Products
$61B
-4% Y/Y
MacBook
$7B
-7% Y/Y
iPad
$6B
-20% Y/Y
Watch & AirPods
$8B
2% Y/Y
Revenue
$82B
-1% Y/Y
Services
$21B
8% Y/Y
Gross profit
$36B
1% Y/Y
Cost of revenue
$45B
-4% Y/Y
Operating profit
$23B
-0% Y/Y
Operating expenses
$13B
5% Y/Y
Product costs
$39B
-6% Y/Y
Service costs
$6B
12% Y/Y
Net profit
$20B
2% Y/Y
Tax
$3B
-21% Y/Y
Other expenses
$265M
R&D
$7B
9% Y/Y
SG&A
$6B
-1% Y/Y
Apple Q3 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
Q3
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