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Market
Which region will show the highest revenue increase for Apple in 2024?
4
Resolution / Starting Odds
China revenue increases • 25%
US revenue increases • 25%
Europe revenue increases • 25%
Rest of the world revenue increases • 25%
Apple's annual financial report
Story
Apple Beats Q2 Estimates, $110B Buyback Amid Strong China Sales
May 2, 2024, 08:54 PM
Apple Inc. reported its fiscal second-quarter earnings, revealing a revenue of $90.8 billion and an earnings per share (EPS) of $1.53, both exceeding market expectations. The company announced a significant $110 billion share buyback program and increased its quarterly dividend to $0.25. Despite a 10% decline in iPhone sales, which dropped to $46 billion from the previous year's $51 billion and surpassed expectations, Apple's overall performance was bolstered by strong results in other areas such as Mac and Services, which reported revenues of $7.45 billion and $23.9 billion, respectively, both exceeding forecasts. The company's performance in China was notably better than anticipated, with revenue declining only 8% year-over-year but still surpassing analyst predictions of $15.9 billion.
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Similar markets
Greater China • 25%
Americas • 25%
Europe • 25%
Rest of Asia Pacific • 25%
China has the highest growth • 25%
US has the highest growth • 25%
EU has the highest growth • 25%
India has the highest growth • 25%
North America • 25%
Europe • 25%
Asia-Pacific • 25%
Rest of the World • 25%
North America • 25%
Europe • 25%
Asia • 25%
Rest of the World • 25%
Asia-Pacific • 25%
Europe • 25%
North America • 25%
Middle East • 25%
Europe • 25%
North America • 25%
Asia-Pacific • 25%
Other Regions • 25%
iPhones • 25%
Macs • 25%
iPads • 25%
Services • 25%
United States • 25%
India • 25%
United Kingdom • 25%
Brazil • 25%
Strongest in China • 25%
Strongest in Europe • 25%
Strongest in the US • 25%
Even Performance Across Regions • 25%