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Apple's Q1 Net Sales Rise 4% to $124.3 Billion as Services Surge 14%

AAPL10-QFiling Date: 1/31/2025
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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