How does AAPL's earnings trend look for 2024?
3/27/2025 04:06pm
Apple Inc. (AAPL) experienced a fluctuating earnings trend in 2024, with a significant increase in the first quarter and a subsequent decline in the third quarter before rebounding in the fourth quarter:
1. **Growth in the First Quarter**: AAPL's net income for the quarter ending March 31, 2024, was $36.33 billion, which is a notable increase from the previous quarter's net income of $14.74 billion, indicating a strong performance in the first three months of the year.
2. **Decline in the Third Quarter**: However, there was a noticeable decline in the third quarter, with net income decreasing to $21.45 billion compared to the previous quarter's $36.33 billion. This drop suggests a challenging period for the company.
3. **Rebound in the Fourth Quarter**: The fourth quarter saw a strong recovery, with net income increasing to $23.64 billion, surpassing the third quarter's net income. This indicates a robust finish to the year, driven by potential seasonal factors such as holiday sales and product launches.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|AAPL|AAPL.O|Apple|2024 Q1|13.060870724714983|3.3916E10|185|
|AAPL|AAPL.O|Apple|2024 Q2|-2.16887417218543|2.3636E10|185|
|AAPL|AAPL.O|Apple|2024 Q3|7.881897288868769|2.1448E10|185|
|AAPL|AAPL.O|Apple|2024 Q4|-35.80763199163617|1.4736E10|185|