Apple posts record $124.3B quarter

Apple Reports Quarterly Record Revenue of $124 Billion for 2024 Holiday Period
Apple reported its latest quarterly earnings results Thursday, revealing all-time record-breaking sales for its October-December 2024 period.
Apple Reports Record Quarter, Services Revenue Hits $26.3B
Apple Services revenue, which includes the App Store, Apple Pay and Apple Card; subscription services such as Apple TV+, Apple Music and iCloud as well as advertising, reached $26.3 billion, which is also an all-time record, up from $23.1 billion in the year-earlier period.
Apple Posted Record Quarter Revenue of $124 Billion USD
With the help of the launch of the iPhone 16 models, the iPhone pulled in $69.1 billion USD sales in itself, although slightly lower from the $69.7 billion USD in the period ended in December 2023. CEO Tim Cook explained in a call with investors later that Apple set an “all time record” for iPhone customers who chose to upgrade their phones to the latest model.
Apple reports record quarter despite iPhone sales dip
CEO Tim Cook addressed concerns about Apple Intelligence's influence on upgrades during an interview with CNBC, stating that markets where Apple Intelligence had been rolled out
Apple Reports Record $124.3 Billion Revenue on Strong Holiday Sales
Apple posted a record setting $124.3 billion in quarterly sales despite lagging China revenue and a minor dip in iPhone sales
Apple tops 1 billion subscriptions, nearly $100 billion in services revenue in 2024
Apple’s iPhone sales may be down, but the company’s Services division, which includes the App Store, iCloud, Music, TV+, and other subscriptions, is still soaring. The Cupertino-based tech giant reported Thursday its Services business had an all-time revenue high of $26.
Apple reports best-ever earnings even as iPhone revenue slips
Tim Cook insists Apple Intelligence is convincing people to upgrade — even if the features are underwhelming so far.
Apple Revenues Rise 4 Percent to a Record $124.3 Billion
Apple reported that it earned a net income of $36.3 billion on revenues of $124.3 billion in the quarter ending December 28, 2024.
Why Analysts Think AI Could Be Key to More Apple Stock Gains
Key Takeaways Apple is seeing record iPhone upgrades with the rollout of Apple Intelligence, CEO Tim Cook said during the ...
Apple Earnings: Record Results Even As iPhone, China Sales Fall Short Of Forecasts
Apple reported $18.5 billion in sales in greater China last quarter, comfortably below consensus estimates of $20.9 billion.
Apple’s Blockbuster Earnings Mask Its Fading Innovation
“Our record revenue and strong operating margins drove EPS to a new all-time record with double-digit growth and allowed us ...
Apple's gross margin hits record as services business keeps growing
As services become a bigger part of Apple’s business, the company continues to deliver higher profit margins for investors.
Apple earnings recap: Tim Cook weighs in on DeepSeek as China and iPhone sales disappoint
Apple stock lifted following guidance for the current quarter after the company reported a drop in ​iPhone and China sales.
Apple's iPhone sales during the holiday season slipped despite a highly anticipated AI rollout
San Francisco — Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling a ...
Apple is richer than ever thanks to high margins—and its new CFO intends to keep it that way
Apple SVP and CFO Kevan Parekh participated in his first earnings call on Thursday, and it was a banger. Parekh reported that Apple, whose market cap is bigger than the GDP of most countries, is ...
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Dow Jones Futures Rise; S&P 500 Nears Record High As Apple Triggers Buy Signal
The Dow and S&P 500 are near all-time highs early Friday as Apple stock flashes a buy signal. Deckers and Atlassian diverged ...