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Apple reports record quarterly revenue
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 Stock Rises
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.
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 China sales.
Apple Stock Rises After Better-Than-Expected Earnings, iPhone Sales Slip
Apple shares rose over 3% in premarket trading, after the company reported better-than-expected earnings but said iPhone sales fell slightly in the December quarter. iPhone sales were down nearly 1% on the year at $69.
29m
on MSN
Analysts overhaul Apple stock price targets after record Q1 earnings
Apple shares powered higher in early Friday trading, following a record set of first quarter earnings and an upbeat outlook for iPhone sales from the world's biggest tech company that triggered a host ...
Investor's Business Daily on MSN
47m
Dow Jones Futures Rise; S&P 500 Nears Record High As Apple Triggers Buy Signal
The Dow and S&P 500 are near all-time highs early Friday as Apple stock flashes a buy signal. Deckers and Atlassian diverged ...
Money Morning
15h
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.
3h
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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