Apple Reports Record Q4 Earnings with Nearly $95 Billion in Revenue
Apple has reported a record Q4 2024 earnings with nearly $95 billion in revenue, up 6% year-over-year. This sets a new September quarter revenue record, but a one-time income tax charge of $10.2 billion affects net income. Excluding this charge, earnings per share were $1.64. The company saw growth across all product categories except for Wearables, Home, and Accessories.
Apple has reported record Q4 earnings with nearly $95 billion in revenue, up 6% year-over-year. iPhone revenue increased by 5.5%, while Mac and iPad revenues grew by 1.71% and 7.87% respectively. However, the company also faced a one-time income tax charge of $10.2 billion after being ordered to pay €13B in back tax to the Irish government, affecting its net income for the quarter.
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