Revenue Growth Of Apple

With the quarterly revenue reported in the sep 26 2020 period apple inc s cumulative twelve months revenue were 274 515 millions company would post below average annual revenue growth of 0 44 year on year if the fiscal year would end at sep 26 2020.

Revenue growth of apple. The company posted quarterly revenue of 64 7 billion. Cumulative revenue growth comment. Cumulative revenue growth comment. Apple annual quarterly revenue history and growth rate from 2006 to 2020.

Broad based momentum in services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Apple s total revenue for the 12 months ending in q2 2020 was 268b. A slow down in the apple inc s revenue growth from the 59685 growth in jun 27 2020.

Products accounted for 81 or 218b and services the other 19 and 50b. Apple s revenue from services is growing faster than its product revenue. Apple reports fastest revenue growth since 2015 by felix richter may 2 2018 apple apple reported better than expected results for its second fiscal quarter on tuesday following a script that. Total revenues peaked in 2018 when apple took in 265 6 billion u s.

Apple s annual revenue quadrupled from financial year 2010 to 2019. In apple s fourth quarter of fiscal 2019 services revenue rose 18 to 12 5 billion. Aapl stock analyst estimates including earnings and revenue eps upgrades and downgrades. Apple has just announced its financial results for q4 2020 covering the period between july 1 and september 26 2020.

Although apple inc s annual revenue growth year on year were below company s average 27 99 revenue announced in the sep 29 2018 period show improvement in revenue trend to cumulative trailing twelve month growth of 15 86 year on year from 14 21 in jun 30 2018. The quarter saw net iphone sales hit 26 4 billion down substantially from the previous year while services hit 14 5. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Apple inc had also the second highest revenue growth in computer hardware industry.

Services revenue has reached 50b which is 19 of total as shown in this line and stacked bar chart.