Apple Achieves Record Earnings Despite Slump in iPhone Sales

News Summary

Apple has reported impressive fiscal first-quarter earnings for 2025 with a revenue of $124.3 billion, a 4% increase year-over-year. Earnings reached $36.33 billion, surpassing expectations. While iPhone sales dipped slightly, Apple saw strong growth in services and other product lines, presenting a mixed yet optimistic outlook amidst challenges in the Chinese market. The company projects moderate growth ahead, focusing on its services division to bolster performance.

Apple Achieves Record Earnings Despite Slump in iPhone Sales

Apple has recently unveiled its fiscal first-quarter earnings for 2025, and the numbers are truly impressive! With a total revenue of $124.3 billion, the tech giant has soared past estimates and logged a 4% year-over-year increase. Now that’s something to cheer about!

In terms of earnings, Apple recorded $36.33 billion, which translates to $2.40 per share. This is significantly up from the $33.92 billion or $2.28 per share the company reported during the same period last year. Such outstanding performance didn’t just meet analyst expectations; it slightly exceeded the forecast of $124.12 billion.

A Mixed Bag of Results

1%, amounting to $69.14 billion, missing projections of $70.7 billion. The toughest blow came from Greater China, where the iPhone experienced its most significant decline—a staggering 11% year-over-year drop. In this region, Apple brought in $18.5 billion, which fell short of the expected $20.9 billion.

Interestingly enough, this quarter marks the first full quarter since the much-anticipated launch of the iPhone 16 back in September 2024. Despite the declining iPhone sales, there were some bright spots in Apple’s other product lines.

Strong Performance From Services and Other Devices

Apple’s services revenue saw an impressive jump of 14% year-over-year, reaching $26.34 billion. That’s quite a boost! The Mac and iPad offerings also turned in double-digit sales increases, with Mac sales shooting up over 15% to $8.99 billion and iPad sales climbing to $8.09 billion. These figures indicate a robust demand for non-iPhone products, providing a silver lining in an otherwise challenging landscape.

Challenges and Future Prospects

46.5% and 47.5%. Following the earnings call, Apple’s shares gained about 3% in extended trading, and the stock has risen more than 27% over the past year, showing resilience even in tough times.

However, there’s some concern brewing about Apple’s declining market share in China, largely due to escalating competition from local manufacturers like Vivo and Huawei. CEO Tim Cook has pointed out that Apple Intelligence—integrated AI features—seems to be doing well in markets where it’s available, but regulatory barriers in China have held back broader adoption.

The Road Ahead

2.35 billion. This suggests that despite slowing iPhone growth, there remains a strong user base engaged with Apple devices.

Deeper Dive: News & Info About This Topic

• Bloomberg
• Wikipedia: Apple Inc.
• Forbes
• Google Search: Apple earnings
• Business Insider
• Google Scholar: Apple earnings 2025
• TechCrunch
• Encyclopedia Britannica: Apple Inc.
• Markets Insider
• Google News: Apple quarterly earnings