Apple (AAPL) Q4 2024 earnings results beat EPS and revenue expectations

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As a long-time Apple enthusiast who’s seen my fair share of tech market fluctuations, I must say that today’s Q4 2024 earnings report from Apple has left me quite pleased. The consistent beat on both EPS and revenue expectations is always a welcome sight, especially in the final quarter of their fiscal year.

Today, Apple Inc. (AAPL) announced its Q4 2024 earnings report. The tech giant surpassed predictions for both earnings per share (EPS) and total revenue. Since this is the last quarter of their fiscal year, Apple has now outperformed full-year analyst forecasts for the entire year.

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In simpler terms, Apple recently published its Q4 2024 earnings report on its investor relations platform. The report revealed a quarterly revenue of approximately $94.9 billion, exceeding predictions of $94.6 billion. Moreover, the company announced an EPS (Earnings Per Share) of $1.64, surpassing expectations of $1.60 per share and even beating the ‘whisper number’ of $1.63 per share. Overall, the results appear favorable when looking beyond the surface.

In the inner workings of Apple’s financial report for Q4 2024, you’ll discover a one-off expense linked to the European Commission’s 2016 State Aid decision. This detail is elaborated on the fourth page of the report.

To keep updated on Apple’s financial matters, make sure to follow the Apple News section on Shacknews.

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2024-11-01 00:28