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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.
12h
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 ...
6h
on MSN
Apple labeled a ‘low-growth stock’ despite record Q1 margins—here’s why
Apple Inc (NASDAQ: AAPL) saw its gross margin hit a record in its fiscal first quarter on the back of continued momentum in ...
1d
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.
1d
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.
1d
Apple earnings recap: Tim Cook weighs in on DeepSeek as China and iPhone sales disappoint
Apple stock lifted following guidance for the current quarter after the company reported a drop in iPhone and China sales.
9h
Apple’s Blockbuster Earnings Mask Its Fading Innovation
“Our record revenue and strong operating margins drove EPS to a new all-time record with double-digit growth and allowed us ...
11h
on MSN
Apple is richer than ever thanks to high margins—and its new CFO intends to keep it that way
Apple SVP and CFO Kevan Parekh participated in his first earnings call on Thursday, and it was a banger. Parekh reported that Apple, whose market cap is bigger than the GDP of most countries, is ...
Investor's Business Daily on MSN
12h
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 ...
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