Apple has disclosed its earnings report for the first fiscal quarter of 2025, announcing total revenue of $124.30 billion for the three-month period. This represents an increase compared to $119.58 billion from the same quarter last year. Analysts had projected revenue of $124.13 billion, with profits from this revenue reaching $36.33 billion. This quarter included the peak sales for the iPhone 16 and Apple Watch Series 10 during the holiday season.
AAPL Q1 2025 Earnings
For Q1 2025, Apple reported earnings per share of $2.40, surpassing investor expectations of $2.35.
Here’s a complete summary of the key figures:
- Total Revenue: $124.30 billion
- iPhone Revenue: $69.14 billion
- Mac Revenue: $8.99 billion
- iPad Revenue: $8.08 billion
- Wearables, Home, and Accessories Revenue: $11.75 billion
- Services Revenue: $26.34 billion
Apple’s CEO, Tim Cook, commented:
“Today Apple is announcing our best quarter ever, achieving revenue of $124.3 billion, which is a 4 percent increase year-over-year,” stated Tim Cook, CEO of Apple. “We were delighted to present our finest array of products and services throughout the holiday season. Thanks to the capabilities of Apple silicon, we are enabling new opportunities for our users via Apple Intelligence, enhancing apps and experiences to be even more personal. We look forward to launching Apple Intelligence in additional languages this April.”
Additionally, new CFO Kevan Parekh remarked:
“Our record revenue and robust operating margins have propelled EPS to a historic all-time high, demonstrating double-digit growth, and allowed us to return over $30 billion to our shareholders,” shared Kevan Parekh, CFO of Apple. “We are equally proud that our active installed device base has reached a record high across all products and regions.”
You can find Apple’s complete earnings release on the Apple Newsroom. Stay tuned to DMN for further coverage of the AAPL earnings call featuring Tim Cook and new CFO Kevan Parekh. A live stream will also be available on the company’s Investor Relations website at 2:00 PM PT / 5:00 PM ET.
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