Apple has announced a record-breaking fiscal Q1 2025, reporting $124.30 billion in revenue, surpassing last year’s $119.58 billion and slightly exceeding Wall Street expectations of $124.13 billion. The company recorded a net profit of $36.33 billion, with earnings per share (EPS) at $2.40, beating analysts’ forecast of $2.35.
This strong performance was driven by robust sales of the iPhone 16 and Apple Watch Series 10 during the holiday quarter, alongside continued growth in Apple’s services segment, which generated $26.34 billion in revenue. CEO Tim Cook attributed the company’s success to its strongest-ever lineup of products and services, highlighting advancements in Apple Intelligence and the growing adoption of Apple Silicon.
Newly appointed CFO Kevan Parekh emphasized Apple’s record-high installed base of active devices and its commitment to returning over $30 billion to shareholders. With double-digit EPS growth and strong operating margins, Apple continues to strengthen its position as a leader in the global technology sector.
