Apple Inc (AAPL)

Gross profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Gross profit	US$ in thousands	180,683,000	169,148,000	170,782,000	152,836,000	104,956,000
Revenue	US$ in thousands	391,035,000	379,352,000	391,397,000	363,172,000	271,642,000
Gross profit margin		46.21%	44.59%	43.63%	42.08%	38.64%

September 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $180,683,000K ÷ $391,035,000K
= 46.21%

The gross profit margin for Apple Inc has shown a positive trend over the past five years, reflecting the company's ability to effectively manage its production costs and generate profits from its products.

From 2020 to 2024, the gross profit margin has steadily increased from 38.64% to 46.21%, indicating an improvement in the efficiency of Apple's operations. This upward trajectory suggests that Apple has been able to enhance its profitability by either increasing product prices, optimizing production processes, or reducing costs associated with goods sold.

The consistent growth in gross profit margin demonstrates Apple's competitive strength in the market and its ability to maintain strong profit margins despite potential challenges such as fluctuations in input costs or changes in consumer demand.

Overall, the rising gross profit margin for Apple Inc reflects positively on the company's financial performance and underscores its effective management of production and sales processes to drive profitability.