Apple Inc.
Apple Reports Record Q3 2024 Revenue and EPS
Summary
Apple Inc. reported its third-quarter financial results for 2024, achieving a record quarterly revenue of $85.8 billion, up 5% year over year, and earnings per diluted share of $1.40, up 11% year over year. The company declared a cash dividend of $0.25 per share payable on August 15, 2024. Apple also announced a new all-time high in active devices and significant cash returned to shareholders during the quarter.
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About Apple Inc.
Apple Inc. is a leading corporation renowned for crafting and delivering a diverse array of technology products on a global scale. Specializing in consumer electronics, Apple’s flagship products include the iPhone, a series of smartphones that have significantly influenced mobile communication. Complementing this is their line of Mac computers, which blend powerful processors with the macOS operating system distinguished for its sleek design and robust performance. Apple also offers iPad tablets, noted for their versatility in both personal and professional settings, and wearables such as AirPods and the Apple Watch, which have expanded the company's reach into the personal accessories market. Beyond hardware, Apple operates a robust ecosystem of services like the App Store, a digital distribution platform for apps, and Apple Music, a significant player in the music streaming industry. By constantly innovating in hardware and digital services, Apple Inc. maintains its stature within the consumer technology sector and continues to wield substantial influence over market dynamics and consumer tech trends worldwide.
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