Tim Cook CEO of Apple | Apple
Apple has released its financial results for the first quarter of fiscal year 2025, ending December 28, 2024. The company reported a quarterly revenue of $124.3 billion, marking a 4% increase compared to the previous year. Additionally, Apple announced diluted earnings per share of $2.40, reflecting a 10% rise year over year.
"Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up 4 percent from a year ago," stated Tim Cook, Apple's CEO. He emphasized the company's successful product and service lineup during the holiday season and highlighted advancements in Apple Intelligence through Apple silicon.
Kevan Parekh, Apple's CFO, noted the company's strong performance: "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." He also mentioned that Apple's active device base reached an all-time high across various products and regions.
The board of directors declared a cash dividend of $0.25 per share on common stock, payable on February 13, 2025, to shareholders recorded by February 10, 2025.
A live stream of Apple's Q1 2025 financial results conference call will be available at apple.com/investor/earnings-call starting at 2:00 p.m. PT on January 30, 2025. The webcast can be replayed for approximately two weeks following the event.
