Apple posts record $143.8B quarter on iPhone strength
Apple just had its best quarter ever, pulling in $143.8 billion in revenue—a 16% jump from last year.
Most of that came from massive demand for the new iPhone 17 lineup, which pushed iPhone sales to a record $85.3 billion.
Services and products keep climbing
It wasn't just iPhones—Apple's services like music, cloud, and payments brought in $30 billion (up 14%), and overall product sales hit $113.7 billion.
Their profit margins were strong too, and with so much cash coming in, Apple returned nearly $32 billion to shareholders.
Breaking records around the world
Apple set all-time revenue records across the Americas, Europe, Japan, and Asia Pacific.
The number of active Apple devices worldwide is now over 2.5 billion—a huge milestone for the company.
Mac sales dropped by 7%, and Wearables, Home and Accessories revenue was down about 2%, mostly because last year's launches were tough to beat.