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Income from providers like Apple Music jumped to an all-time excessive final quarter, and robust iPhone 16e gross sales did not damage, both. Illustration: Midjourney/Cult of Mac
Apple income elevated 5% yearly in the course of the first three months of 2025, and income grew 8%. These are the highest takeaways from the March-quarter monetary outcomes Apple revealed after Wall Road closed on Thursday. Each numbers beat analysts’ expectations.
“Today Apple is reporting strong quarterly results, including double-digit growth in Services,” stated Tim Cook dinner, Apple’s CEO in a press release.
Apple monetary outcomes: Progress in each income and income
Wall Road analysts predicted earlier than Thursday’s announcement that Apple’s income within the first three months of 2025 would hit $94.6 billion, in keeping with figures compiled by Yahoo Finance. And the typical earnings per share estimate got here in at $1.62.
Apple outperformed these expectations. The Mac-maker posted quarterly income of $95.4 billion, up from $90.7 billion within the March 2024 quarter. And quarterly diluted earnings per share reached $1.65, up from $1.53 a yr in the past.
“Our March quarter business performance drove EPS growth of 8 percent and $24 billion in operating cash flow, allowing us to return $29 billion to shareholders,” stated Kevan Parekh, Apple’s CFO.
Progress… however not in China
Most of its product classes confirmed year-over-year progress. Income from…
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Author : tech365
Publish date : 2025-05-01 21:20:00
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