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Apple posts record $124.3B quarter
Apple Reports Quarterly Record Revenue of $124 Billion for 2024 Holiday Period
Apple reported its latest quarterly earnings results Thursday, revealing all-time record-breaking sales for its October-December 2024 period.
Apple Reports Record Quarter, Services Revenue Hits $26.3B
Apple Services revenue, which includes the App Store, Apple Pay and Apple Card; subscription services such as Apple TV+, Apple Music and iCloud as well as advertising, reached $26.3 billion, which is also an all-time record, up from $23.1 billion in the year-earlier period.
Apple Posted Record Quarter Revenue of $124 Billion USD
With the help of the launch of the iPhone 16 models, the iPhone pulled in $69.1 billion USD sales in itself, although slightly lower from the $69.7 billion USD in the period ended in December 2023. CEO Tim Cook explained in a call with investors later that Apple set an “all time record” for iPhone customers who chose to upgrade their phones to the latest model.
Apple Reports Record $124.3 Billion Revenue Despite China Decline
Apple reported the company's best quarterly sales ever on Thursday, with the tech giant pointing to a strong holiday performance leading to $124.3 billion in Q1 revenue. The company posted the big quarter despite declining sales in China and a minor dip in iPhone revenue.
Apple hits new record for quarterly revenue
CHARLOTTE, N.C.– Apple’s new iPhone fell short of forecasts but that didn’t stop the company from reporting record sales. On Thursday, the world’s most valuable company reported $124 billion in revenue last quarter.
Apple tops 1 billion subscriptions, nearly $100 billion in services revenue in 2024
Apple’s iPhone sales may be down, but the company’s Services division, which includes the App Store, iCloud, Music, TV+, and other subscriptions, is still soaring. The Cupertino-based tech giant reported Thursday its Services business had an all-time revenue high of $26.
Apple reports best-ever earnings even as iPhone revenue slips
Tim Cook insists Apple Intelligence is convincing people to upgrade — even if the features are underwhelming so far.
Apple Revenues Rise 4 Percent to a Record $124.3 Billion
Apple reported that it earned a net income of $36.3 billion on revenues of $124.3 billion in the quarter ending December 28, 2024.
Apple Reports Record $124.3 Billion Revenue on Strong Holiday Sales
Apple reported the company's best quarterly sales ever on Thursday, with the tech giant pointing to a strong holiday performance leading to $124.3 billion in Q1 revenue. The company offset declining sales in China with a boost from Europe,
13h
on MSN
Apple Earnings: Record Results Even As iPhone, China Sales Fall Short Of Forecasts
Apple reported $18.5 billion in sales in greater China last quarter, comfortably below consensus estimates of $20.9 billion.
13h
Apple's gross margin hits record as services business keeps growing
As services become a bigger part of Apple’s business, the company continues to deliver higher profit margins for investors.
18h
Apple earnings recap: Tim Cook weighs in on DeepSeek as China and iPhone sales disappoint
Apple's earnings call is today at 5 pm ET. AAPL stock heads into the report down 4% YTD. Analysts are focused on services and ...
Money Morning
13h
Apple’s Critical Earnings are Here!
Apple reported record revenue of $124.3 billion, which is up 4% year-over-year. Analysts expected $124 billion to $124.39 ...
1d
Apple settles Apple Watch battery lawsuit, and here's how to claim your payout
Learn about the Apple Watch battery settlement in response to a class-action suit, and who might be able to claim a payout.
2h
Apple's Q1 Services Revenue Jump Helps It Beat Analyst Estimates
Apple reported robust fiscal 2025 first-quarter earnings that beat expectations, despite mixed performance in key segments.
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