Apple's Q3 2024 Earnings Call Takeaways

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Apple's Q3 2024 Earnings Call Takeaways - MacRumors

Quick Summary:

Apple is investing more in Artificial Intelligence and Machine Learning, with plans to increase that on a yearly basis.iPad Sales Apple saw a sharp increase in ‌iPad‌ sales thanks to the launch of the M4 iPad Pro and the M2 iPad Air during the quarter.‌iPad‌ revenue was at $7.2 billion, up 24 percent from $5.8 billion in the year-ago quarter.

Apple today held an earnings call for the third fiscal quarter of 2024 (second calendar quarter), with Apple reporting its best June quarter to date, with revenue higher than expected.

Services Revenue Apple saw a steep increase in services revenue at $24.2 billion, up from $21.2 billion a year ago and a new all-time revenue record.