Apple Reports Record-Breaking First Quarter with $124.3 Billion in Revenue
Apple CEO Tim Cook attributed the company’s success to a standout holiday season, driven by its best-ever lineup of products and services. Cook also emphasized the growing impact of Apple Intelligence, which continues to enhance user experiences and will expand to even more languages in April.
Apple’s Services division, which includes the App Store, Apple Music, iCloud, and other digital offerings, reached a new all-time revenue high, underscoring the company’s shift toward a more service-driven business model.
CFO Kevan Parekh highlighted Apple’s strong operating margins, which fueled record EPS growth and allowed the company to return over $30 billion to shareholders. Apple’s installed base of active devices also hit a new all-time high across all product categories and regions, reinforcing its broad consumer and enterprise reach.
Dividend Announcement
Apple’s board of directors declared a cash dividend of $0.25 per share, payable on February 13, 2025, to shareholders of record as of February 10, 2025.Earnings Call Details
Apple will host a live Q1 2025 earnings call at 2:00 p.m. PT on January 30, 2025, available for streaming at apple.com/investor/earnings-call. The webcast will remain available for replay for two weeks.You can read more on Apple's official press release here: Apple reports first quarter results