Information
CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® today announced financial results for its fiscal 2024 fou...
Original sourceAI Summary
Apple reported Q4 2024 revenue of $94.9 billion, up 6% year-over-year. Diluted EPS increased to $0.97, adjusting for one-time tax charges. New product launches include iPhone 16, contributing to record sales. Active installed base reached an all-time high, indicating strong customer loyalty.
Sentiment Rationale
Strong sales and new product launches can enhance investor confidence, similar to past quarters.
Trading Thesis
Immediate positive market reactions likely post-earnings release, reminiscent of previous strong quarterly results.
Market-Moving
- Apple reported Q4 2024 revenue of $94.9 billion, up 6% year-over-year.
- Diluted EPS increased to $0.97, adjusting for one-time tax charges.
- New product launches include iPhone 16, contributing to record sales.
Key Facts
- Apple reported Q4 2024 revenue of $94.9 billion, up 6% year-over-year.
- Diluted EPS increased to $0.97, adjusting for one-time tax charges.
- New product launches include iPhone 16, contributing to record sales.
- Active installed base reached an all-time high, indicating strong customer loyalty.
Companies Mentioned
- AAPL (AAPL)
- MSFT (MSFT)
- GOOGL (GOOGL)
Earnings
Significant financial results and product updates typically influence investor sentiment around AAPL.