Apple Fiscal Q1 Results Beat Forecasts on Record iPhone and Services Sales

Overview

• Revenue rose to $143.8 billion and diluted EPS reached $2.84, topping FactSet estimates as net income hit $42.1 billion.
• iPhone sales set a record at about $85.3 billion, up roughly 23% year over year, with services revenue also at a record near $30.0 billion.
• Greater China revenue climbed to $25.5 billion, a 38% increase that underscored strong demand for the iPhone 17 lineup.
• Apple generated nearly $54 billion in operating cash flow, returned almost $32 billion to shareholders, and declared a $0.26 per‑share dividend.
• Shares rose up to about 2% in after‑hours trading and advanced 0.7% in the regular session, while Mac and wearables posted softer results and the installed base surpassed 2.5 billion active devices.