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Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 124B | 30.9% |
| Gross Profit | 58.3B | 32.8% |
| Cost of Revenue | 66B | 29.3% |
| Operating expense | 15.4B | 8.1% |
| Net Income | 36.3B | 146.5% |
| EBITDA | 45.9B | 41.3% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 344B | 5.7% |
| Total Liabilities | 277B | 10% |
| Total Equity | 66.8B | 17.2% |
| Shares Outstanding | 15.2B | 1.7% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 29.9B | 11.7% |
| Cash from financing | -39.4B | 57.8% |
EPS
Financial Highlights for Apple in Q4 '24
Apple reported a revenue of 124B, which is a 30.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 58.3B, marking a 32.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 66B, a 29.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 15.4B, showing a 8.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 36.3B, showing a 146.5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 45.9B, showing a 41.3% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Apple with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
