Summary by Moomoo AI
On October 31, 2024, Apple Inc. released its financial results for the fourth fiscal quarter ending September 28, 2024. The company reported a record September quarter revenue of $94.9 billion, a 6% increase from the previous year, and a quarterly diluted earnings per share of $0.97. Excluding a one-time charge related to the reversal of the European General Court's State Aid decision, the adjusted diluted earnings per share was $1.64, marking a 12% rise year over year. Apple's CEO, Tim Cook, highlighted the launch of new products including the iPhone 16 lineup, Apple Watch Series 10, AirPods 4, and features for Apple Intelligence. CFO Luca Maestri noted the company's operating cash flow of nearly $27 billion and the return of over $29 billion to shareholders. Apple's active installed base...Show More
