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Businesses Apple

Apple Reports Quarterly Record Revenue of $124 Billion (macrumors.com) 22

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."

Apple Reports Quarterly Record Revenue of $124 Billion

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  • by JustAnotherOldGuy ( 4145623 ) on Thursday January 30, 2025 @07:33PM (#65131467) Journal

    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.

    • by Potor ( 658520 )
      If there is one thing I have learned from Patrick Mahomes, or the Geico Gecko, or LiMu Emu (and Doug), the only corporations that give a damn about the little guy are the insurance corporations.
    • Re:What If (Score:4, Informative)

      by timeOday ( 582209 ) on Thursday January 30, 2025 @08:03PM (#65131505)
      Apple paid 50% more than that in income tax last year ($29.75B). Not sure where the money went but cancer doesn't seem to have been cured.
    • 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

      • 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.

        • by ceoyoyo ( 59147 )

          This is bullshit someone made up. There's a shitload of money in cures for anyone who manages to find them. Most health agencies, insurance companies and sick people would happily pay 90% of the lifetime cost of treatment for a cure.

          There is a lot more money in treatments than in *prevention* but that's because people are stupid.

    • by ceoyoyo ( 59147 )

      Cancer is just another treatable ailment. We got that way by throwing a few billion a year at it for the last several decades in direct funding, and many, many, many times that in indirect stuff like developing new tools.

      But absolutely, more money would make things better. I assume you don't own a smartphone and donate heavily to cancer research?

    • Came here to say something similar. $124 billion works out to about $345 per human in the US. Dear Lord. So many can barely make ends meet. Time to eat the rich.

      • You do know the difference between revenue and profit, right? With $124.3 billion in revenue and $36.3 billion in profit, it means that $88 billion was spent on materials, labor, rent, research, taxes, shipping, lawsuits, fines, etc. From the profit, $3.85 billion was distributed back to the shareholders.

        Still, $33 billion is about 30% profit from sales. Not bad but about average for the banking industry and a little above the 20% for the software industry. Most electronic manufacturers are happy with

  • I don't mind Apple making a veritable shit-ton of money. Successful companies should enjoy financial success, and people who take the risk of investing in them should be rewarded, and bravo. My major concern is planned obsolescence. You look at the latest iPhones and iMacs/Macbooks: With the latest A-series and M-series SoCs, there's nothing left that the consumer is desperate to have (AI can be had in the cloud). Instead of upgrading every 2-3 years, I'd like to see an 8-year cycle. That might sound exce
  • Buy backs (Score:2, Interesting)

    by ebonum ( 830686 )

    What happens when Apple eventually buys back all it's own shares? The only reason this stock rises is due to 100's of billions in buy backs.

    2012 26,470 million shares outstanding
    2024 15,408 million shares outstanding

    That is a massive drop. Considering that a huge chunk of Apple's shares are locked up with buy and hold firms, the float is artificially constrained.

    If they keep up the pace of buy backs, in 10-15 years they really will take themselves private.

"When anyone says `theoretically,' they really mean `not really.'" -- David Parnas

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