Apple's Q1 earnings beat estimates with revenue of $124.3 billion and EPS of $2.40.

From Nasdaq: 2025-01-30 18:30:08

Apple reported revenue of $124.3 billion for the quarter ended December 2024, up 4% from the previous year, with an EPS of $2.40. The company exceeded the Zacks Consensus Estimate for revenue and EPS.

Key metrics for Apple in the quarter included geographic revenue breakdown, net sales for products and services, and gross margin for services. The company’s stock has returned -4.4% over the past month.

Zacks experts have identified 5 stocks set to potentially double in 2024, offering an opportunity for significant gains. These picks are flying under Wall Street radar, presenting a chance to capitalize on their growth potential.

For more insights and recommendations from Zacks Investment Research, including the latest stock analysis and reports on Apple Inc. (AAPL), visit their website.



Read more at Nasdaq: Compared to Estimates, Apple (AAPL) Q1 Earnings: A Look at Key Metrics