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Apple Q3 2024 Earnings Summary $AAPL
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In this episode, we delve into Apple’s Q3 2024 earnings call, where the tech giant shattered records with an impressive $85.8 billion in revenue, a 5% year-over-year increase. CEO Tim Cook highlights the company’s momentum in markets like Canada and India, underscoring a stellar services revenue surge to an all-time high of $24.2 billion, driven by burgeoning subscriptions. Discover how new AI initiatives, including Apple Intelligence, are set to redefine user experience across devices. CFO Luca Maestri reveals key product performance metrics, including a slight dip in iPhone revenue, yet a promising outlook for the upcoming quarter with double-digit growth anticipated in services. Get insights on currency impacts and the exciting future of Apple’s innovative path, coupled with a newly announced cash dividend. Join us to unpack these crucial insights and forecasts that position Apple for continued success in a competitive market!
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