Highlights of Apple’s Q3 2024 Performance:
- iPhone Sales Dominate: The iPhone 15 series continued to be a top seller globally, contributing significantly to the company’s revenue.
- Services Revenue Surge: Apple’s services division, which includes Apple Pay, Apple TV+, and other subscription services, grew by 17%, reaching $26.5 billion.
- Wearables and Accessories: Products like the Apple Watch Ultra and AirPods Pro saw increased demand, reflecting consumer interest in connected devices.
Apple CEO Tim Cook expressed his excitement about the company’s continued success:
“Our record Q3 performance underscores the strength of Apple’s innovative product lineup and the growing loyalty of our customers worldwide. We remain committed to delivering exceptional experiences while advancing sustainability and technological leadership.”
Regional Growth:
Apple reported strong growth in emerging markets such as India and Southeast Asia, where the company has been aggressively expanding its retail presence and offering localized services.
Future Outlook:
Looking ahead to 2025, Apple aims to sustain its growth momentum with anticipated launches of new hardware, software updates, and expanded services offerings. The company also emphasized its commitment to sustainability, with plans to make its entire product lineup carbon-neutral by 2030.
This milestone highlights Apple’s resilience in a competitive tech market and solidifies its position as a global leader in innovation and customer satisfaction.
