Apple’s Revenue Hits $391 Billion, Net Income $94 Billion in Year Ending Q3 2024

For the year ending in Q3 2024, Apple’s revenue reached $391.0 billion, marking a 2.0% year-over-year increase, while net income declined by 3.4% to $93.7 billion. Since 1995, Apple has achieved a compound annual growth rate (CAGR) of 13.1% in revenue and 20.5% in net income, underscoring its robust long-term growth trajectory.