Apple's profits rise during its fiscal first quarter despite lower than expected iPhone sales
For the fiscal first quarter of 2025, Apple took in $124.30 billion which not only topped the Wall Street consensus of $124.12 billion, it also was up 4% on an annual basis. At $36.33 billion, net income topped last year's $33.92 billion, and basic earnings per share came to $2.41 per share, up 10% from the fiscal first quarter of 2024.