# Apple Announces Historic Earnings for Fiscal Q1 2025
Apple Inc. has released its earnings report for the first quarter of fiscal year 2025, demonstrating remarkable financial results that surpassed Wall Street forecasts. The company reported an astonishing **$124.30 billion** in revenue for the three-month period concluding December 31, 2024. This amount reflects a **4% growth** from the **$119.58 billion** reported in the same quarter the previous year, exceeding analysts’ predictions of **$124.13 billion**.
## Key Financial Highlights
The earnings report disclosed several significant figures that showcase Apple’s solid performance:
– **Total Revenue**: $124.30 billion
– **iPhone Revenue**: $69.14 billion
– **Mac Revenue**: $8.99 billion
– **iPad Revenue**: $8.08 billion
– **Wearables, Home, and Accessories Revenue**: $11.75 billion
– **Services Revenue**: $26.34 billion
Apple’s profit from this revenue reached **$36.33 billion**, with the company reporting earnings per share (EPS) of **$2.40**, surpassing investor expectations of **$2.35**.
## Seasonal Success
The holiday quarter is typically a lucrative time for Apple, and this year proved to be no different. The report indicates that the quarter encompassed the majority of sales for the newly released **iPhone 16** and **Apple Watch Series 10**, which greatly contributed to the revenue surge.
Apple CEO **Tim Cook** conveyed enthusiasm regarding the company’s results, stating, “Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up 4 percent from a year ago. We were thrilled to bring customers our best-ever lineup of products and services during the holiday season.” He also emphasized the advancements in **Apple silicon** and the rollout of **Apple Intelligence**, aimed at improving user experience with more personalized applications.
## Shareholder Returns and Future Outlook
Newly appointed CFO **Kevan Parekh** stressed the company’s dedication to delivering value to shareholders, mentioning that Apple returned over **$30 billion** to shareholders during the quarter. He noted, “Our record revenue and strong operating margins led EPS to a new all-time high with double-digit growth and enabled us to return over $30 billion to shareholders.” Additionally, Parekh pointed out that the installed base of active devices has reached an unprecedented level across all product categories and regional markets.
## Conclusion
Apple’s Q1 2025 earnings report underscores a robust performance fueled by innovative products and an expanding services sector. As the company continues to broaden its product range and enhance user experiences, it is well-equipped for future growth. Investors and analysts will be closely monitoring the upcoming earnings call for additional insights into Apple’s strategies and outlook for the rest of the fiscal year.
For more in-depth information, you can access Apple’s complete earnings release on their [Newsroom](https://www.apple.com/newsroom/2025/01/apple-reports-first-quarter-results/) page. Stay tuned for more coverage from the AAPL earnings call, which will be streamed live on the [company’s Investor Relations website](http://investor.apple.com/) at 2:00 pm PT/5:00 pm ET.
