In this episode, we dive into Apple's Q2 2024 earnings report:
- Total net sales: $90.8B, with a slight decrease
- Product sales down, but services revenue up
- iPhone sales decline, Mac sales resilient, iPad sales plummet
- Services segment surges
- Geographical variations: Americas strongest, Greater China declines
- Operating expenses slightly up, but strong operating income
- Net income decreases slightly, stable earnings per share
- Future outlook: Focus on bolstering services segment
- Conclusion: Apple faces challenges, but strategic pivot to services pays off.
Tune in for more insights next time on "Earnings Unveiled."
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May 16 20245 mins