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Apple starts 2025 with record-breaking revenues and increased EPS

The latest top-end iPhone. (Image source: Apple)
The latest top-end iPhone. (Image source: Apple)
Apple CEO Tim Cook now hails the company's last three months as "our best quarter ever", with global net sales of a record-breaking $124.3 billion. iPhones (somewhat unsurprisingly) accounted for nearly 56% of that revenue, while iPads contributed the least. Apple's earnings per share (EPS) also hit all-time highs for the quarter.

The first quarter of Apple's 2025 is over already - its fiscal quarter, that is. It ended on December 28, 2024 and set a new "all-time" record for the Cupertino behemoth, as it raked a total of $124.3 billion (or 4% more year-on-year) from its sales worldwide.

iPhones accounted for $69.138 billion (or 55.6%) of that revenue, attributed by Tim Cook to the ability to distribute "our best-ever line-up of products and services during the holiday season", but might also have been due at least in part to the asking prices of the handsets in question.

Macs and iPads floundered by comparison with $8.987 and $8.088 billion in net sales (or 7.2% and 6.5% of total revenues) respectively.

By contrast, the first quarter of 2025 was also the best yet for Apple Services (the arm of the company responsible for things like Apple TV+, Music, Podcasts and Fitness+), as it scored $26.34 billion (21.2%) of the OEM's sales worldwide.

Its EPS for the quarter also set records at $2.40, or 10% more year-on-year. Apple CFO Kevan Parekh asserts that it will allow the company to distribute ~$30 billion (or $0.25 per common stock share) to its shareholders, which should come to fruition on February 13, 2025. 

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> Expert Reviews and News on Laptops, Smartphones and Tech Innovations > News > News Archive > Newsarchive 2025 02 > Apple starts 2025 with record-breaking revenues and increased EPS
Deirdre O'Donnell, 2025-02- 2 (Update: 2025-02- 2)