Apple reports best-ever earnings even as iPhone revenue slips
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As has become an annual tradition, Apple just reported blockbuster earnings for the company’s first fiscal quarter of 2025. “Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up four percent from a year ago,” CEO Tim Cook said in a press release. Revenue was up nearly across the board for the company’s Mac, iPad, and services divisions.
But the numbers show a slight dip in year-over-year iPhone revenue, seemingly confirming that Apple Intelligence isn’t…