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iPhone Sales Slump, Services Save the Day for Apple
200 sats \ 3 comments \ @0xbitcoiner 31 Jan Stacker_Stocks
Apple reported slightly better than expected results for the holiday quarter, the first of Apple's fiscal year 2025, on Thursday. The company beat analyst expectations on the top and bottom line, as revenue grew 4 percent to $124.3 billion and net income reached an all-time high of $36.3 billion.
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100 sats \ 0 replies \ @0xbitcoiner OP 31 Jan

Apple Services: A $100-Billion Business

Apple's services division, which includes Apple Pay, Apple Music, Apple TV+ and the App Store - among others - reached an all-time revenue high in the first quarter of fiscal year 2025. Apple’s quarterly services revenue climbed to $26.3 billion in the three months ended December 28, up from $12.7 billion five years ago. Thanks to an installed base of more than 2.3 billion active devices and constant investment in new service offerings over the past decade, Apple now has more than one billion paid subscriptions and is on track to reach $100 billion in services revenue this year.
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23 sats \ 0 replies \ @iguano 31 Jan
well to be honest, my wife have an iphone 11, to her a new one is the same shit.
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23 sats \ 0 replies \ @BlokchainB 31 Jan
Wow!
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