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Apple report Q1 results with revenue increase

0 Comment(s)Print E-mail Xinhua, January 31, 2025
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SAN FRANCISCO, Jan. 30 (Xinhua) -- Apple on Thursday announced financial results for its fiscal 2025 first quarter ended Dec. 28, 2024, with quarterly revenue of 124.3 billion U.S. dollars, up 4 percent year over year, and quarterly diluted earnings per share of 2.40 dollars, up 10 percent year over year.

Its net income for the quarter increased to 36.33 billion dollars from 33.92 billion dollars a year ago.

The company's iPhone, Mac, Wearables and Services revenue amounted to 124.3 billion dollars compared with 119.58 billion dollars a year ago.

Sales of iPhone amounted to 69.14 billion dollars, down from 69.70 billion dollars a year ago.

Its Mac sales increased to 8.99 billion dollars from 7.78 billion dollars a year ago.

Its sales of Wearables, Home and Accessories products decreased to 11.75 billion dollars from 11.95 billion dollars a year ago.

The services' income reached 26.34 billion dollars, compared to 23.12 billion dollars the previous year.

The iPad sales increased to 8.09 billion dollars from 7.02 billion dollars a year ago.

"Today Apple is reporting our best quarter ever," said Tim Cook, Apple's CEO.

"We were thrilled to bring customers our best-ever lineup of products and services during the holiday season," he added. Enditem

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