Apple's Q1 2025 revenue hits record high, driven by strong services, iPad, and Mac sales.

From StockTwits: 2025-01-30 21:20:20

Apple reported record revenue and strong operating margins in the first quarter of fiscal year 2025. Despite subpar iPhone performance, services revenue, iPad, and Mac sales helped boost earnings. Revenue hit $124.3 billion, up 4% YoY, with product revenue at $97.96 billion. Wearables, home, and accessories revenue fell short at $11.75 billion. Geographically, all regions saw growth except for Greater China, which declined by 11%. CFO guided for low to mid-single-digit revenue growth in the March quarter. Retail sentiment remains bullish, with the stock trading up 3.03% after-hours at $244.79.



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