Apple reported a profit of $14.7 billion in Q3 2024.

Accordingly, compared to the third quarter of 2023, Apple's revenue increased by 6% (from $89.5 billion to $94.9 billion) but its profit decreased (from $23 billion to $14.7 billion).

Apple reported a profit of $14.7 billion in the third quarter of 2024.

Reportedly, the reason for the increase in revenue but decrease in profit is that Apple was affected by a one-time fee of $10.2 billion due to tax issues in the European Union. Without this one-time fee, the company's profit would have increased by 12% compared to the same period last year.

The gross profit margin for the quarter was 46.2%, an increase compared to the same quarter last year (45.2%).

Apple CEO Tim Cook stated that this quarter Apple is pleased to announce some of its best products: the all-new iPhone 16 lineup, the Apple Watch Series 10, and AirPods 4 with notable health features and sleep apnea detection. In addition, the company has just released its first set of features for Apple Intelligence, setting a new standard for privacy in AI and strongly boosting its product lineup for the holiday season.

The company recorded revenue of $391 billion and net profit of $93.7 billion in fiscal year 2024, compared to revenue of $383.3 billion and net profit of $97 billion in fiscal year 2023.

Source: https://kinhtedothi.vn/apple-dat-loi-nhuan-14-7-ty-usd-trong-quy-iii-2024.html