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Apple Q1 Revenue Surges to $1437.6 Billion, Up 16% YoY, iPhone Revenue Hits Record $852.7 Billion
BlockBeats News, January 30th, according to Bitget market data, Apple released its first-quarter earnings report after hours, with first-quarter revenue of $1437.6 billion, surpassing the estimated $1384 billion, a year-on-year increase of 16%. First-quarter diluted earnings per share were $2.84, surpassing the estimated $2.68, a year-on-year increase of 19%. iPhone revenue hit a record high, approximately $85.27 billion, a year-on-year increase of 23%. Service revenue also reached a record high, approximately $30 billion, a year-on-year increase of 14%. The installed base of active devices exceeded 2.5 billion.
Apple (AAPL) closed up 0.72% and rose another 0.6% in after-hours trading.
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