Wall Road analysts set an formidable objective for Apple to beat by predicting the iPhone maker’s income had elevated 4% throughout the essential vacation buying season. No drawback — Apple met or exceeded these expectations.
“Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up 4 percent from a year ago,” stated Tim Cook dinner, Apple’s CEO. “We had been thrilled to convey prospects our best-ever lineup of services and products throughout the vacation season.“
Apple monetary outcomes for Q1 2025 set new income file
A median of Wall Road analysts’ predictions pegged Apple’s income within the final three months of 2024 to hit $124 billion, up 4% from the $119.6 billion the tech large took in throughout the identical quarter on the finish of 2023, based on figures compiled by Yahoo Finance. And the typical incomes per share estimate got here in at $2.34, up year-over-year from $2.18.
On Thursday, after the inventory markets closed, the corporate’s precise outcomes had been… $124.3 billion in income and $2.40 in diluted earnings per share.
Apple complete income in Q1 2025 in 1000’s of {dollars}.Chart: Ed Hardy/Cult of Mac
Blended outcomes by product class
However, income from Mac gross sales jumped 16% versus the identical quarter of the earlier 12 months. A number of new Macs hit retailer cabinets within the December quarter, together with the primary MacBook Professional mannequin with Apple’s M4 processor.
iPad income noticed an annual enhance of 15%, whereas Providers income — cash coming in from the App Retailer, Apple Music, and so forth. — elevated 14%.
Extra particulars will come throughout Apple’s earnings name with buyers set to start Thursday at 2 p.m. Pacific. CEO Tim Cook dinner and new CFO Kevan Parekh will take calls from buyers. You should definitely learn our inexperienced persons’ information to monetary lingo to be prepared for the decision.
Apple in its personal phrases
Apple’s full monetary outcomes announcement for Q1 2025 says:
Apple in the present day introduced monetary outcomes for its fiscal 2025 first quarter ended December 28, 2024. The Firm posted quarterly income of $124.3 billion, up 4 % 12 months over 12 months, and quarterly diluted earnings per share of $2.40, up 10 % 12 months over 12 months.
“Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up 4 percent from a year ago,” stated Tim Cook dinner, Apple’s CEO. “We were thrilled to bring customers our best-ever lineup of products and services during the holiday season. Through the power of Apple silicon, we’re unlocking new possibilities for our users with Apple Intelligence, which makes apps and experiences even better and more personal. And we’re excited that Apple Intelligence will be available in even more languages this April.”
“Our record revenue and strong operating margins drove EPS to a new all-time record with double-digit growth and allowed us to return over $30 billion to shareholders,” stated Kevan Parekh, Apple’s CFO. “We are also pleased that our installed base of active devices has reached a new all-time high across all products and geographic segments.”
Apple’s board of administrators has declared a money dividend of $0.25 per share of the Firm’s widespread inventory. The dividend is payable on February 13, 2025, to shareholders of file as of the shut of enterprise on February 10, 2025.
