
Apple's Q1 Net Sales Rise 4% to $124.3 Billion as Services Surge 14%
Apple Inc.Description
What this story covers
Apple's Q1 10-Q reveals $124.3B net sales up 4%, driven by 14% services growth to $26.3B offsetting flat iPhone sales. Gross margins hit 46.9%, net income $36.3B. Strong liquidity exceeds $130B, amid EU/U.S. regulatory probes on App Store practices and unchanged risks from global laws.
Story snapshot
CompanyApple Inc.
TickerAAPL
VariantStandard detailed
Duration13:48
Filing type10-Q
PeriodQ1 2025
IndustryTechnology
Accession0000320193-25-000008
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