Apple Reports Best Quarter Ever in 1Q 2025 Results: $36.3B Profit on $124.3B Revenue

[MacRumors]

Apple today announced financial results for the first fiscal quarter of 2025, which corresponds to the fourth calendar quarter of 2024.

For the quarter, Apple posted revenue of $124.3 billion and net quarterly profit of $36.3 billion, or $2.40 per diluted share, compared to revenue of $119.6 billion and net quarterly profit of $33.9 billion, or $2.18 per diluted share, in the year-ago quarter.

Apple set all-time records during the quarter for total revenue, earnings per share, and services revenue. Total revenue was up 4 percent year-over-year, while earnings per share rose by 10 percent. Services, Mac, and iPad revenue figures were all up significantly year-over-year, while iPhone and Wearables saw small declines.

Gross margin for the quarter was 46.9 percent, compared to 45.9 percent in the year-ago quarter. Apple also declared a quarterly dividend payment of $0.25 per share, payable on February 13 to shareholders of record as of February 10.

"Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up 4 percent from a year ago," said Tim Cook, Apple's CEO. "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."

As has been the case for over four years now, Apple is once again not issuing guidance for the current quarter ending in March.

Apple will provide live streaming of its fiscal Q1 2025 financial results conference call at 2:00 pm Pacific, and MacRumors will update this story with coverage of the conference call highlights.

Conference call recap ahead...
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Article Link: Apple Reports Best Quarter Ever in 1Q 2025 Results: $36.3B Profit on $124.3B Revenue

 

[Realityck]

https://www.cnbc.com/2025/01/30/apple-aapl-q1-earnings-2025.html

Here’s how Apple did versus LSEG consensus estimates for the quarter ending Dec. 28.

• Earnings per share: $2.40 vs. $2.35 estimated
• Revenue: $124.30 billion vs. $124.12 billion estimated
• iPhone revenue: $69.14 billion vs. $71.03 billion estimated
• Mac revenue: $8.99 billion vs. $7.96 billion estimated
• iPad revenue: $8.09 billion vs. $7.32 billion estimated
• Other Products revenue: $11.75 billion vs. $12.01 billion estimated
• Services revenue: $26.34 billion vs. $26.09 billion estimated
• Gross margin: 46.9% vs. 46.5% estimated

 

[DelayedGratificationGene]

Great quarter. 10% eps growth and all this without most of Apple Intelligence available.

 

[emmab2006]

Must be all those Vision Pro's they sold........

 

[DocMultimedia]

Flattish so far after hours, which is nice as far as I'm concerned.

 

[Rogifan]

Tim Cook said markets where Apple Intelligence was available saw an uptick in iPhone sales. I question how sustainable that is. Apple Intelligence was the shiny new thing but now it’s not looking so shiny.

 

[Rogifan]

Flattish so far after hours, which is nice as far as I'm concerned.

Microsoft was down 6% today (they reported earnings yesterday).

 

[hieranonymous]

I always wonder what percentage of that services pie-slice is Google’s default-search-engine tithe.

 

[cjboffoli97]

Tim Cook said markets where Apple Intelligence was available saw an uptick in iPhone sales. I question how sustainable that is. Apple Intelligence was the shiny new thing but now it’s not looking so shiny.

Well it is more sustainable when one looks at facts, as opposed to relying on a negative-leaning hunch. For instance, India is a massive addressable market for Apple with currently only two retail stores. But Tim Cook recently announced that Apple plan to open four more this year alone.

 

[TechnoMonk]

But but Apple is doomed with poor iPhone sales. Grumman and others put out same garbage every year and the results beat earlier years for same quarter.

 

[trip1ex]

"The (M4 Mac) silicon makes it perfect for running AI workloads, and so I assume that that's a very key compelling reason for people to upgrade," Cook said."

I'm sure that's why.

 

[Naraxus]

Well earned Apple and goes to show just how much of an asset Tim Cook has been and continues to be for Apple.

 

[DocMultimedia]

Microsoft was down 6% today (they reported earnings yesterday).

Yeah, the three big ones yesterday were drastic. I'm lucky I own a bit of IBM.

 

[eddjedi]

Sad that Apple now sells more watches than it does Macs

 

[trip1ex]

Great quarter. 10% eps growth and all this without most of Apple Intelligence available.

Earnings growth wasn't 10% though. Closer to 6%.

 

[ELman]

Microsoft was down 6% today (they reported earnings yesterday).

And they had a good quarter.
"The Redmond, Washington-based software maker posted revenue of $69.6 billion in the quarter, up 12% from the previous year, also beating expectations."

 

[guerro]

Best quarter ever and AAPL off a cliff. Seems about right. smh

 

[jntdroid]

• iPhone revenue: $69.14 billion vs. $71.03 billion estimated

I'm surprised we're not seeing headlines about how they underperformed...

 

[Naraxus]

Sad that Apple now sells more watches than it does Macs

To be fair, most people don't need Macs when their iPads/iPhones & Apple Watch can do most of what a Mac does and more

 

[CEmajr]

I guess the competition still hasn't figured out how to compete with Apple where it matters most, profit.

 

[TechnoMonk]

Microsoft was down 6% today (they reported earnings yesterday).

Microsoft was gonna big beneficiary of GPU infrastructure. Their investment in Open AI and mistral wasn’t cash but cloud GPU credits. Deep seek bust the infrastructure bubble.

 

[tonywalker23]

 

[ThatGuyInLa]

I am convinced the desktop dept is in the basement. Its only perk is being near the elevator. Unlike the AppleTV guys who are down at the end of a long hallway where the janitors store their carts.

 

[roar08]

Sad that Apple now sells more watches than it does Macs

That's actually not sad as it can help bring previously non-Apple or non-Mac customers into the ecosystem.

 

[TechnoMonk]

View attachment 2477453

Like jobs said PC market will flatten compared to mobile devices. They won’t go away but probably won’t see huge growth except for a spike during Covid work from home bubble.