According to ChainCatcher, data from Jin Ten shows that Apple released its first-quarter earnings report after the market closed. First-quarter revenue reached $143.76 billion, exceeding the estimated $138.4 billion, representing a 16% year-over-year increase. Diluted earnings per share for the first quarter were $2.84, surpassing the estimated $2.68, a 19% year-over-year increase. iPhone revenue hit a record high of approximately $85.27 billion, up 23% year-over-year. Revenue from services also reached a record high of about $30 billion, up 14% year-over-year. The active device base exceeded 2.5 billion units. Apple (AAPL) closed up 0.72%, and further rose by 0.6% after hours.
Apple's Q1 Revenue Reaches $143.76 Billion, iPhone Sales Set New Record of $85.27 Billion
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Summary
Apple's Q1 revenue reached $143.76 billion, exceeding the estimated $138.4 billion and marking a 16% year-over-year increase. Earnings per diluted share reached $2.84, a 19% increase. iPhone sales hit a record $85.27 billion, up 23%, while services revenue reached $30 billion, a new high. The number of active devices now exceeds 2.5 billion. Cryptocurrency news platforms are monitoring how new token listings may impact broader market sentiment.
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