Here’s a summary of Apple's first-quarter financial results for fiscal 2025:

Apple reported an all-time high quarterly revenue of $124.3 billion, a 4% increase year over year. Diluted earnings per share reached $2.40, up 10% from the previous year. Services revenue also hit a record high, reflecting strong growth in this segment.

CEO Tim Cook highlighted Apple’s strong holiday season performance and emphasized the role of Apple silicon in enhancing user experiences. He also mentioned that Apple Intelligence, which aims to personalize apps and experiences, will expand to more languages in April.

CFO Kevan Parekh noted that Apple’s record revenue and strong margins contributed to the all-time high EPS and allowed the company to return over $30 billion to shareholders. The installed base of active devices across all product categories and regions also reached a new peak.

Apple’s board declared a cash dividend of $0.25 per share, payable on February 13, 2025, to shareholders of record as of February 10, 2025.

The company's earnings call will be streamed live on January 30, 2025, at 2:00 p.m. PT and will be available for replay for two weeks.

In terms of financial breakdown, product sales reached $97.96 billion, while services revenue climbed to $26.34 billion. Net income for the quarter was $36.33 billion. The Americas remained Apple’s largest market, generating $52.65 billion in sales, followed by Europe with $33.86 billion and Greater China with $18.51 billion.

The balance sheet shows total assets of $344.1 billion, with cash and marketable securities at $53.8 billion. Total liabilities stood at $277.3 billion, while shareholders’ equity reached $66.8 billion.

Apple continued its aggressive share buyback program, repurchasing $23.6 billion worth of stock in the quarter. The company also paid $3.9 billion in dividends.

Despite a decline in net sales in China, Apple’s strong growth in services, Mac, and iPad sales contributed to the overall positive quarter. Let me know if you’d like more details on any aspect.