Apple Inc. has reported a significant rebound in revenue for the first fiscal quarter of 2024, posting a quarterly revenue of $119 billion, a 2% year-on-year increase that beats Wall Street estimates and marks a recovery from a dip in 2023. The growth has been attributed to strong iPhone sales and a record performance in services revenue, which reached an all-time high. Additionally, Apple's CEO Tim Cook highlighted another quarter revenue record in India, with the country experiencing strong double-digit growth in the December quarter.
In the earnings call, Cook said India grew “strong double-digits in the December quarter and hit a quarter revenue record”. #Apple #TimCook https://t.co/fNmy68h4Ox
7 Key Highlights from #Apple's Q1 2024 Earnings Call https://t.co/mPHO7nYfIq
.@Qualcomm beat first quarter earnings estimates, with great performance in handsets and automotive! Our diversification plan — including leadership in on-device generative #AI — is positioning us for long-term growth. https://t.co/kXMUX1VRzh
Apple Stock: China Challenges, AI Teaser and an Ultra-Pricey Headset @davidmoadel https://t.co/Q9JSSX2fo7 $AAPL
Apple’s Q1 2024 Returns to Revenue Growth on Strong iPhone and Services Performance https://t.co/pKZ39hbaL3
#MustRead: Apple has beaten Wall Street estimates in its first fiscal quarter earnings report of the year after raking in $119.6bn and seeing services revenue reach an all-time high. https://t.co/Y4tvyBclgt
#Apple has beaten Wall Street estimates in its first fiscal quarter earnings report of the year after raking in $119.6bn and seeing services revenue reach an all-time high. https://t.co/Y4tvyBclgt
ICYMI: iPhone up, China down: 7 nuggets from Apple’s earnings call https://t.co/UPmJnIQl1i by Ed Hardy
Apple's $119B Q1 2024 revenue a bounce back from 2023 dip https://t.co/wO8B4mbJ1g #Apple
ICYMI: Strong iPhone sales power Apple back to revenue growth https://t.co/0FaZil4aCK by Ed Hardy
📱 @Apple logs another quarter revenue record in India, CEO @tim_cook says Apple announced financial results for its fiscal 2024 first quarter ended December 30 where it posted quarterly revenue of $119.6 billion, up 2% on year. https://t.co/PU8286ak8p