Apple's gross margin hits record as services business keeps growing
As services become a bigger part of Apple’s business, the company continues to deliver higher profit margins for investors.
Apple is richer than ever thanks to high margins—and its new CFO intends to keep it that way
Apple SVP and CFO Kevan Parekh participated in his first earnings call on Thursday, and it was a banger. Parekh reported that Apple, whose market cap is bigger than the GDP of most countries, is ...
Apple's $725 billion investment is fueling its growth, and it has nothing to do with AI
Although many of Wall Street's most-influential businesses have leaned on AI as a way to fuel their growth, one of Wall ...
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Apple Posts Record Profitability Bolstered by Services Segment
Hailed as one of the world's most profitable companies, Apple once again posted record margins for Q1 2025 (ended December 28 ...
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Apple's gross margin hits record as services business keeps growing
Services, which includes App Stores purchases, payments and advertising, are becoming a bigger part of the overall business, lifting Apple's profit margin. Sales of iPhones declined slightly from ...