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Apple Reports Record-Breaking Q1 2025; Revenue and Profit Rise Despite iPhone Decline

Apple Reports Record-Breaking Q1 2025; Revenue and Profit Rise Despite iPhone Decline

Apple has announced its financial results for the first fiscal quarter of 2025, which coincides with the fourth calendar quarter of 2024. During this period, Apple recorded revenue of 124.3 billion dollars and a net profit of 36.3 billion dollars, compared to the previous year’s revenue of 119.6 billion dollars and net profit of 33.9 billion dollars.

The company achieved historic records for total revenue, earnings per share, and service revenue. Total revenue increased by 4% compared to the previous year, while earnings per share grew by 10%. Service revenue, along with Mac and iPad sales, saw significant growth. However, sales of iPhones and wearables/accessories/home devices experienced a slight decline.

Strong Profit Margins

Apple Reports Record-Breaking Q1 2025; Revenue and Profit Rise Despite iPhone Decline

The gross margin for the quarter was 46.9%, up from 45.9% in the previous quarter. Additionally, Apple announced a quarterly dividend of 0.25 dollars per share, which will be paid on February 13 to shareholders recorded by February 10.

Tim Cook, Apple’s CEO, commented, “Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up 4 percent from a year ago. 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.”

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