Apple beats analyst forecasts for the quarter, posts highest-ever Services revenue | Infinium-tech

CEO Tim Cook said, “Today Apple is reporting strong quarterly results, including double -digit increase in services.”

The company added revenue into $ 95.4 billion (defeating an estimate of $ 94.6 billion), which is a 5% year-on-year growth. The income for the company was $ 1.65 (estimated at $ 1.62), which is 8% more than the year before the year.

In 2024, services for the quarter of the same quarter reached a high of $ 26.65 billion for the quarter above $ 23.87 billion. This record cannot be broken in a while because Apple has been ordered to change its rules about app masters (meaning that less deities will pay 30% tax).

In terms of hardware sales, the revenue for the iPhone quarter remains golden goose with $ 46.84 billion, while Mac, iPads and wearables (plus home devices) are at a very low level and are similar to each other.

The region also has an interesting figure to see sales-America, sales in Japan and Asia-Pacific increased, but remained in Europe and China.

Apple CFO Kevan Parekh said, “Our march -quarter trade performance promoted 8 percent of the cash flow and $ 24 billion EPS growth, allowing us to return the shareholders to return $ 29 billion.” Apple has extended the dividend to $ 0.26 per share (4% YOY), which will be paid on 15 May.

The company also announced a large -scale stock buyback program of $ 100 billion.

Source