How does AAPL's earnings trend look for 2024?

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.

AAPL Net Income YoY, Net Income