"Apple's Q1 2024: Record Services Revenue, Profit Boost, and China Struggles"

1 min read
Source: Six Colors
"Apple's Q1 2024: Record Services Revenue, Profit Boost, and China Struggles"
Photo: Six Colors
TL;DR Summary

Apple reported a nearly $120 billion quarter, marking a 2% increase in revenue compared to the same quarter last year, making it the company’s second best quarter ever. Mac and iPhone sales were up, while iPad and wearables sales were down. Services growth slowed but still showed double-digit growth.

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