Overview
- Revenue reached $143.8 billion, up 16% year over year, driven by a record iPhone quarter of $85.3 billion with 23% growth and an all‑time iPhone high in Greater China.
- Apple’s active installed base surpassed 2.5 billion devices, and Services revenue hit an all‑time high of $30.0 billion, rising about 14% and reinforcing recurring monetization.
- Management said demand exceeded supply due to limited advanced processor capacity, and warned industry‑wide memory price increases could pressure near‑term margins.
- Apple confirmed a multi‑year collaboration with Google to use Gemini and cloud technology to build Apple foundation models and deliver a more personalized Siri.
- The Board raised the quarterly dividend to $0.26 per share, and post‑earnings analyst commentary remained broadly positive even as Evercore removed Apple from a tactical list to lock in the beat.