Apple services hit another all-time high during Q1 period

02 February 2024
iPad sales slumped, while the iPhone was once again Apple's top earner.

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This is telling. The products have a gross margin of an already high 65% (remember, gross margin is just revenue divided by the cost of providing it, and the actual net income is less due to employee wages, marketing, etc.), but the services have an astounding 267% gross margin, up from an already absurd 233% last year. Basically, the services department is a money printer for Apple and almost a scam for consumers.

    • ?
    • Anonymous
    • Dk1
    • 03 Feb 2024

    Anonymous, 02 Feb 2024Careful, and just no need to judge anyone by brand their ch... moreHow many of the CEOs know about new smartphone technologies?

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      • Anonymous
      • K1K
      • 03 Feb 2024

      Anonymous, 02 Feb 2024Careful, and just no need to judge anyone by brand their ch... moreTrue, me using android not dare to judge anyone by brand, because every words (in real life or internet) whatever bad stuff has been typing or speech always return back.
      By boss his office room setup mostly Apple, iPhone, iMac, iPad. He chooses Apple because he like the way of Apple ecosystem.

        • ?
        • Anonymous
        • YUU
        • 02 Feb 2024

        Good God, not again 🤦🏻‍♂️
        Here we go again 🙄🤦🏻‍♂️

          It seems it's all about Apple in GSMArena today,or am I reading to much into it,strange 😱

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            • Anonymous
            • IVK
            • 02 Feb 2024

            AnonF-1006353, 02 Feb 2024This just shows how dumbed down our society is. People conf... moreCareful, and just no need to judge anyone by brand their choose. They choose whatever they like and it’s their money to spend to.
            Not only normal people choose Apple, Even the smartest people like to buy Apple products, and CEO in very big companies choose Apple products too.

              NickValok, 02 Feb 2024Huawei only returned to the market in Q3 23, so it's m... moreQ4 China "Apple ranked first with 17.9 per cent share, followed by vivo (16.9 pr cent) and OPPO (16.2 per cent)."

                -Trix-, 02 Feb 2024Android boy reality vs reality "Apple Captures the... moreHuawei only returned to the market in Q3 23, so it's meaningless to talk about the full 23 years of data. In fact, the most important thing to take away from Apple's announcement is that China sales are down compared to other markets. When you look at the 2024 results, you'll see that I wasn't wrong.

                  NickValok, 02 Feb 2024While sales in other regions were up slightly, sales in the... moreAndroid boy reality vs reality

                  "Apple Captures the Top Spot in the China Smartphone Market in 2023 for the First Time Ever, Despite the Overall Market Dropping 5.0%, According to IDC Tracker"

                  https://www.idc.com/getdoc.jsp?containerId=prAP51817224

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                    • Anonymous
                    • 0p}
                    • 02 Feb 2024

                    NickValok, 02 Feb 2024While sales in other regions were up slightly, sales in the... moreApple was #1 in China in 2023.
                    Followed by honor

                      While sales in other regions were up slightly, sales in the Chinese market fell by more than 10%. Huawei's comeback seems to have succeeded in returning the premium market in China to Apple. For Apple, the loss of the second-largest Chinese market indicates that the outlook for the company is not as bright as it was this year.

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                        • Anonymous
                        • tEZ
                        • 02 Feb 2024

                        AnonF-1006353, 02 Feb 2024This just shows how dumbed down our society is. People conf... moreNo one say apple service is premium quality but you

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                          • Anonymous
                          • nih
                          • 02 Feb 2024

                          AnonF-1006353, 02 Feb 2024This just shows how dumbed down our society is. People conf... moreBut they are premium products...

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                            • Anonymous
                            • nDy
                            • 02 Feb 2024

                            AnonF-1006353, 02 Feb 2024This just shows how dumbed down our society is. People conf... morethis just show you live in denial

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                              • AnonF-1006353
                              • JBi
                              • 02 Feb 2024

                              AnonD-1142806, 02 Feb 2024Apple’s services revenue is impressive, especially consider... moreThis just shows how dumbed down our society is. People confusing lifestyle gadget iToys for tech illiterates with "premium quality"...

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                                • kom
                                • Sqx
                                • 02 Feb 2024

                                TIME TO PLAY FAIR
                                Apple’s Proposed Changes Reject the Goals of the DMA

                                https://newsroom.spotify.com/2024-01-26/apples-proposed-changes-reject-the-goals-of-the-dma/

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                                  • AnonD-1142806
                                  • MQr
                                  • 02 Feb 2024

                                  Apple’s services revenue is impressive, especially considering the competition from other platforms and providers. I think Apple has done a great job of creating a loyal customer base that is willing to pay for its premium services, such as Apple TV+, Apple Music, and iCloud. I also appreciate the variety and quality of the apps available on the App Store, which enhance the user experience of Apple devices. I’m curious to see how the Vision Pro will affect the services segment, as it seems to be a game-changer for mixed-reality entertainment. 🤩

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