These Mag 7 Members Shattered Quarterly Records
Briefly

The 2024 Q4 earnings season showcases impressive performances from major companies, particularly Apple and Meta Platforms. Meta posted historic sales of $48.4 billion and an adjusted EPS of $8.02, reflecting substantial increases in both sales and net income. User engagement continued to thrive, with active users rising to approximately 3.4 billion. Apple also reported record earnings with adjusted EPS of $2.40 and sales of $124.3 billion. These stellar performances underscore the ongoing strength of their operational strategies and market positioning, contributing positively to their stock value and overall market outlook.
Meta Platforms witnessed a significant surge with record sales of $48.4 billion and an adjusted EPS of $8.02, marking a remarkable 50% growth.
Apple achieved all-time records with adjusted EPS of $2.40 and sales of $124.3 billion, demonstrating a 10% growth in earnings.
The Family Daily Active People metric at Meta reached approximately 3.4 billion, showcasing a 4% year-over-year user growth.
Meta's advertising revenue hit $46.8 billion, reflecting a robust 20% year-over-year growth, indicating continued strength in its digital ad business.
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