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Iphone Revenue

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Apple's iPhone Surge Sparks Record Q1 Revenue, Fueled by China Growth
technology2 months ago

Apple's iPhone Surge Sparks Record Q1 Revenue, Fueled by China Growth

Apple posted a record Q1 with revenue of $143.8B, up 16% year over year and above estimates, driven by a 23% rise in iPhone revenue and a 38% surge in China fueled by the iPhone 17 lineup. Global active devices reached about 2.5B. The company also plans AI enhancements with Siri powered by Google Gemini and remains tied to folding-phone rumors for 2026, with after-hours stock gains.

business2 years ago

Apple's Q2 earnings beat expectations with strong iPhone sales.

Apple reports Q2 earnings with quarterly revenue of $94.8 billion, down 3% YoY, and earnings per diluted share of $1.52, unchanged YoY. Services revenue reached an all-time high, while iPhone revenue set a March quarter record. The company generated strong operating cash flow of $28.6 billion and returned over $23 billion to shareholders during the quarter. Apple's board of directors authorized an additional $90 billion for share repurchases and raised its quarterly dividend for the eleventh year in a row.