As a longtime Apple enthusiast and someone who has witnessed the company’s meteoric rise, I can confidently say that this latest quarterly earnings report is another testament to Apple’s unwavering dominance in the tech industry. The $24.2 billion in services revenue, up from $21.2 billion a year ago, is nothing short of impressive. It’s like watching the stock price climb, just as I predicted back when I first got my hands on an iPod Classic!
Apple’s service sector is thriving, as they announced earnings of $24.2 billion from their services division in the third quarter of their fiscal year, which represents an increase from $21.2 billion during the same period last year.
That also beat Wall Street estimates of $23.96 billion.
In the recent quarter, total earnings reached an impressive $85.8 billion, marking an increase from $81.8 billion during the same period last year. The company also reported a substantial net profit of $21.4 billion.
Typically, Apple didn’t disclose the specific role that its streaming services like Apple TV+ and Apple Music played in its recent growth during the quarter.
As a dedicated Apple enthusiast, I’m thrilled to share that Apple just reported an unprecedented June quarter revenue of $85.8 billion, marking a 5% increase from last year. This achievement was announced by none other than Tim Cook, our esteemed CEO, in his statement.
More to come.
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2024-08-01 23:55