Apple has announced its financial results for the first quarter of fiscal 2025, ending December 28, 2024. The tech giant posted a record-breaking revenue of $124.3 billion, a 4% increase from the same period last year.
The company’s services segment also saw significant growth, reaching an all-time high. CEO Tim Cook stated that Apple is reporting its best quarter ever, thanks to a strong lineup of products and services during the holiday season.
In terms of financial performance, Apple achieved double-digit growth in earnings per share (EPS), driven by record revenue and operating margins. The company also returned over $30 billion to shareholders.
Apple’s installed base of active devices has reached an all-time high across all products and geographic segments. The board of directors has declared a cash dividend of $0.25 per share, payable on February 13, 2025.
A live streaming conference call will be held at 2:00 p.m. PT on January 30, 2025, which can be accessed through apple.com/investor/earnings-call. The webcast will be available for replay for approximately two weeks thereafter.
Source: https://www.apple.com/newsroom/2025/01/apple-reports-first-quarter-results