Apple Reports Quarterly Record Revenue of $124 Billion (macrumors.com) 12
Apple reported a record-breaking first quarter of 2025 with $124.3 billion in revenue and $36.3 billion in profit, or $2.40 per diluted share, driven by strong growth in its services business. That's "compared to revenue of $119.6 billion and net quarterly profit of $33.9 billion, or $2.18 per diluted share, in the year-ago quarter," notes MacRumors. From the report: Apple set all-time records during the quarter for total revenue, earnings per share, and services revenue. Total revenue was up 4 percent year-over-year, while earnings per share rose by 10 percent. Services, Mac, and iPad revenue figures were all up significantly year-over-year, while iPhone and Wearables saw small declines. Gross margin for the quarter was 46.9 percent, compared to 45.9 percent in the year-ago quarter. Apple also declared a quarterly dividend payment of $0.25 per share, payable on February 13 to shareholders of record as of February 10. "Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up 4 percent from a year ago," said Tim Cook, Apple's CEO. "We were thrilled to bring customers our best-ever lineup of products and services during the holiday season. Through the power of Apple silicon, we're unlocking new possibilities for our users with Apple Intelligence, which makes apps and experiences even better and more personal. And we're excited that Apple Intelligence will be available in even more languages this April."
What If (Score:3)
What if you took say, $20 billion of that and threw it directly at cancer research?
Does anyone think that we couldn't find a 'cure', or at the very least therapies that would make cancer just another treatable ailment?
Or take the money and use it to reduce homelessness or food insecurity, or is that too squishy-soft-lefty of me?
The insane amounts of money you read about are galling when you realize that just a fraction of it could do some real good in a direct way.
But nope, we gotta make the new iPhone 47b Ultra Mega Model.
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You enjoying all those highways and other public infrastructure?
Re: What If (Score:2)
Los Angeles resident, here. Combined with our gas tax those dollars should make some fantastic roads.
Ours are⦠not⦠fantastic.
Curing Cancer (Score:2)
So the real question for curing cancer is, what isn't being done that could be done if there were more funding? And given that information, what are the projections of how much faster we would advance?
As it is now, if you read the fine print, much of the cancer charity money is going towards treatment, not finding a cure. And that's not to say it's not a legitimate need; it's just not "for the cure" despite what fundraising may imply.
Of course, we have cured a number of cancers. The problem is that it's
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As it is now, if you read the fine print, much of the cancer charity money is going towards treatment, not finding a cure.
Yes, that's the "perverse incentive" in commercial healthcare- the money is in treatment, not in a cure.
If you cure the disease, you can't make money treating it. In a for-profit healthcare system there's no economic incentive to cure anything.
Still, even just an effective treatment for cancer would be worth it. And we all know that $20 billion ain't shit in the Defense Department budget, it's barely a rounding error.
over $4.00 for every person (Score:2)