Revenue

6 Months Ended

Mar. 29, 2025

Revenue from Contract with Customer [Abstract]

Revenue

Revenue

The following table shows disaggregated net sales, as well as the portion of total net sales that was previously deferred, for the three- and six-month periods ended March 29, 2025 and March 30, 2024 (in millions):

	Three Months Ended				Six Months Ended
	March 29, 2025		March 30, 2024		March 29, 2025		March 30, 2024
iPhone®	$	46,841	$	45,963	$	115,979	$	115,665
Mac®	7,949		7,451		16,936		15,231
iPad®	6,402		5,559		14,490		12,582
Wearables, Home and Accessories	7,522		7,913		19,269		19,866
Services	26,645		23,867		52,985		46,984
Total net sales	$	95,359	$	90,753	$	219,659	$	210,328
Portion of total net sales that was included in deferred revenue as of the beginning of the period	$	3,672	$	3,282	$	5,440	$	5,135

The Company’s proportion of net sales by disaggregated revenue source was generally consistent for each reportable segment in Note 10, “Segment Information and Geographic Data” for the three- and six-month periods ended March 29, 2025 and March 30, 2024, except in Greater China, where iPhone revenue represented a moderately higher proportion of net sales.

As of March 29, 2025 and September 28, 2024, the Company had total deferred revenue of $13.6 billion and $12.8 billion, respectively. As of March 29, 2025, the Company expects 66% of total deferred revenue to be realized in less than a year, 24% within one-to-two years, 9% within two-to-three years and 1% in greater than three years.