Apple suffered from Decrease of Products Sales in 2023 Q1

Apple (NSDAQ: AAPL) announced its 2023 Q1 financial results on February 2, 2023. According to the announcement, total net sales were down 5.5% (3 months, YoY). In this regard, products sales were down 7.7% while services revenue was up 6.4%. In addition, costs of sales for products were down 5.5%. Operating income and net incomeContinue reading “Apple suffered from Decrease of Products Sales in 2023 Q1”

Slowdown of Apple’s Service Revenue might be a Major Concern in Future Outlook

Apple (NASDAQ: AAPL) announced its 2022 Q4 financial results on October 27, 2022. According to the announcement, total net sales, operating income and net income were up 8%, 5% and 1%, respectively (YoY, 3 months). In addition, cash generated by operating activities was up 17% (12 months, TTM, YoY). Moreover, free cash flow was upContinue reading “Slowdown of Apple’s Service Revenue might be a Major Concern in Future Outlook”

Growth of Service Revenue is continuing in Apple’s 2022 Q3 Results

Apple (NASDAQ: AAPL) announced its 2022 Q3 financial results on July 28, 2022. According to the announcement, total net sales, operating income and net income were up 2%, down 4% and down 11%, respectively (YoY, 3 months). In this regard, product sales was down 1% and services revenue was up 12%. Looking at sales growthContinue reading “Growth of Service Revenue is continuing in Apple’s 2022 Q3 Results”

Apple recorded Single Digit Growth in 2022 Q2

Apple (NASDAQ: AAPL) announced 2022 Q2 financial results on May 28, 2022. According to the announcement, net sales, operating income and net income were up 9%, 9% and 6%, respectively (YoY, 3 months). In addition, diluted EPS was increased by 9%. Sales of Products were up 7%, while sales of services were up 17%. InContinue reading “Apple recorded Single Digit Growth in 2022 Q2”

Apple announced 2021 Q4 Financial Results on October 21

Apple (NASDAQ: AAPL) announced its 2021 Q4 financial results on October 28, 2021. According to the announcement, total net sales, operating income and net income were up 29%, 61% and 62%, respectively (YoY, 3 months). Diluted EPS was up 70%. According to the Apple’s 2020 Q4 financial results, total net sales in 2020 Q4 wereContinue reading “Apple announced 2021 Q4 Financial Results on October 21”

Apple announced 2021 Q3 Financial Results

Apple (NASDAQ: AAPL) announced its 2021 Q3 financial results on July 27th.  According to the announcement, net sales, operating income and net income were up 36.4%, 84.3% and 93.2%, respectively (YoY, 3 months).  Product sales was up 37.4% while service revenue was up 32.9%.  Thus, growth of the product sales slightly exceeds growth of theContinue reading “Apple announced 2021 Q3 Financial Results”

Apple continuously showed Double Digit Growth in 2021 Q1

Apple (NASDAQ: AAPL) announced 2021 Q1 earning results on April 28th, 2021.  According to the announcement, net sales was up 53.6% (YoY, 3 months). In addition, operating income and net income were up 114.0% and 110.1%, respectively (YoY, 3 months).  The product segment is driving sales with growth of 61.6%. On the other hand, growthContinue reading “Apple continuously showed Double Digit Growth in 2021 Q1”

Apple announced 2021 Q1 Earning Results on January 27th, 2021

Apple (NSDAQ: AAPL) announced its 2021 Q1 financial results on January 27th, 2021. As a result, net sales and operating income grew 21.4% and 31.2%, respectively, while operating cash flow grew 27.0%. As for net sales depending on each segment, iPad growth was the highest up 41.2%, followed by wearables, home and accessories of upContinue reading “Apple announced 2021 Q1 Earning Results on January 27th, 2021”

Apple announced FY2020 Financial Results on October 29th, 2020

Apple (NASDAQ: AAPL) announced its FY2020 financial results on October 29th, 2020. As a result, its net sales, operating income, and net income increased by 5.5%, 3.7%, and 3.9% (TTM), respectively, compared to FY2019. When reviewing the performance depending on regions, the sales in Europe increased 13.9% and those in Americas increased 6.5%. Meanwhile, theContinue reading “Apple announced FY2020 Financial Results on October 29th, 2020”