Apple Posts Record Q1 Revenue and EPS Amid Strong Holiday Sales and Expanding Apple Intelligence

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iPhone 16 LineUp. Photo: Apple.

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Apple has announced record-breaking results for the first quarter of fiscal 2025, reporting all-time highs for both revenue and earnings per share. The Cupertino-based company posted $124.3 billion in quarterly revenue, a 4 percent increase year over year, and diluted earnings per share (EPS) of $2.40 — up 10 percent compared to the same quarter last year.

The gains were largely driven by continued strength in iPhone and Mac sales, alongside robust performance in the Services segment, which reached a new all-time high of $26.34 billion — up 14 percent year over year. Revenue also grew across all geographic segments, including the Americas ($52.6B), Europe ($33.9B), Japan ($9.0B), and Asia-Pacific ($10.3B), with only Greater China seeing a slight decline.

“Today Apple is reporting our best quarter ever,” said CEO Tim Cook. “We were thrilled to bring customers our best-ever lineup of products and services during the holiday season. Through the power of Apple silicon, we’re unlocking new possibilities for our users with Apple Intelligence.”

Apple Intelligence — the company’s privacy-first AI framework — continues to be a strategic focus. Cook emphasized its role in personalizing user experiences and noted that its language support will expand further in April.

CFO Kevan Parekh added, “Our record revenue and strong operating margins drove EPS to a new all-time record with double-digit growth, and allowed us to return over $30 billion to shareholders.”

Indeed, Apple generated $29.9 billion in operating cash flow and returned $30.4 billion to investors through dividends and share repurchases. The board declared a cash dividend of $0.25 per share, payable on February 13, 2025, to shareholders of record as of February 10.

With an active installed base reaching new all-time highs across all major product lines and regions, Apple appears well-positioned heading into 2025. The company ended the quarter with $30.3 billion in cash and cash equivalents.

As Apple Intelligence expands and hardware upgrades continue across its portfolio, the company is expected to maintain its momentum into the next fiscal quarters.

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