Apple sees file quarterly earnings regardless of sluggish iPhone gross sales, companies preserve numbers excessive – Firstpost
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As traditional, the vacation season and iPhone launches performed a pivotal position in driving these robust numbers. Within the first quarter, iPhone income stood at $69.1 billion, a slight dip from $69.7 billion in Q1 2024. Total, Apple’s income went to $124.3 billion from $119.58 billion this quarter
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Apple has revealed its monetary outcomes for the primary quarter of 2025, posting a record-breaking $124.3 billion in income. This marks a 4 per cent enhance from the identical interval final 12 months, when the corporate earned $119.58 billion.
As traditional, the vacation season and iPhone launches performed a pivotal position in driving these robust numbers. Within the first quarter, iPhone income stood at $69.1 billion, a slight dip from $69.7 billion in Q1 2024.
Sturdy efficiency from companies and different merchandise
Whereas iPhone gross sales confirmed a modest decline, different product classes and companies helped bolster Apple’s efficiency. iPad income rose to $8.088 billion, up from $7.02 billion final 12 months. Mac gross sales additionally noticed development, growing from $7.78 billion to $8.987 billion. The wearables, Dwelling, and Equipment section introduced in $11.747 billion, barely down from $11.95 billion in Q1 2024. Providers, all the time a dependable income stream for Apple, continued its optimistic trajectory, producing $26.34 billion—a rise from $23.12 billion the 12 months earlier than.
Apple’s board of administrators declared a money dividend of $0.25 per share of widespread inventory, whereas the corporate’s earnings per share (EPS) reached $2.41. These figures replicate the strong monetary well being Apple maintains, regardless of the slight dip in iPhone gross sales.
Regional development and challenges
On the regional entrance, Apple noticed development within the Americas and Europe. Income from the Americas grew from $50.4 billion to $52.6 billion, whereas Europe’s income climbed from $30.4 billion to $33.9 billion. Nonetheless, Better China noticed a decline in income, dropping from $20.8 billion to $18.5 billion. Japan, however, skilled spectacular development, with income rising from $7.7 billion to $10.3 billion. The Remainder of Asia Pacific additionally noticed a small enchancment, reaching $10.29 billion from $10.16 billion final 12 months.
India and Rising Markets: Key areas of development
Through the earnings name, Prepare dinner highlighted the corporate’s rising efforts in India and rising markets. Apple Intelligence, the corporate’s AI platform, is being expanded to extra languages, together with French, German, Italian, Portuguese, Spanish, Japanese, Korean, and simplified Chinese language, with plans for localized English in India and Singapore.
Prepare dinner additionally shared that India set a file within the December quarter, with the iPhone being the top-selling gadget within the nation. Apple’s efforts to increase its presence in India are evident, with plans to open 4 new shops. India is the second-largest smartphone market globally, and with a comparatively small share, Apple sees important potential for development. Kevan Parekh, the brand new CFO, echoed Prepare dinner’s sentiment, noting that rising markets, significantly India, current an awesome alternative for the corporate’s future success.