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Apple Services Quarterly Revenue Hits New Record, Growing 14% to $24.2 Billion
Apple's Services segment provided a lift to the tech giant's overall June 2024 quarterly earnings, amid a slight drop-off in iPhone sales.
Apple ‘s Services segment provided a lift to the tech giant’s overall June 2024 quarterly earnings, amid a slight drop-off in iPhone sales. That edged over Wall Street expectations, which had pegged sales of $84.53 billion and EPS of $1.35. Apple CEO Tim Cook called out the company’s news announcements at the 2024 Worldwide Developers Conference, including Apple Intelligence, which “puts powerful, private generative AI models at the core of iPhone, iPad and Mac.”
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