Apple has released its earnings report for fiscal Q1 2025. The company reports $124.30 billion in revenue during the three-month period. That compares to $119.58 billion during the same quarter a year ago. Wall Street expected $124.13 billion in revenue. Profit from revenue includes $36.33 billion. The holiday quarter includes the bulk of iPhone 16 and Apple Watch Series 10 sales as it includes the last three months of the year.
AAPL Q1 2025 earnings
Apple reported $2.40 earnings per share for Q1 2025. Investors expected $2.35.
Here is the full breakdown of the top numbers:
- 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 CEO Tim Cook had this to say:
“Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up 4 percent from a year ago,” said Tim Cook, Apple’s CEO. “We were thrilled to bring customers our best-ever lineup of products and services during the holiday season. Through the power of Apple silicon, we’re unlocking new possibilities for our users with Apple Intelligence, which makes apps and experiences even better and more personal. And we’re excited that Apple Intelligence will be available in even more languages this April.”
New Apple CFO Kevan Parekh added:
“Our record revenue and strong operating margins drove EPS to a new all-time record with double-digit growth and allowed us to return over $30 billion to shareholders,” said Kevan Parekh, Apple’s CFO. “We are also pleased that our installed base of active devices has reached a new all-time high across all products and geographic segments.”
You can read Apple’s full earnings release in this post on Apple Newsroom. Stay tuned to 9to5Mac for more coverage from the AAPL earnings call with Tim Cook and new CFO Kevan Parekh next. You can also listen live via the company’s Investor Relations website at 2:00 pm PT/5:00 pm ET.
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