As services become a bigger part of Apple’s business, the company continues to deliver higher profit margins for investors.
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Statista on MSNApple Posts Record Profitability Bolstered by Services SegmentHailed 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 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 gross profit margins in its fiscal first quarter were 46.9% of total revenue, its best gross margins in at least 10 quarters, according to FactSet, compared with 45.9% in the year-ago quarter.
Apple won an exemption to iPhone tariffs during the last Trump administration by arguing that Samsung would benefit. It's ...
Parekh reported that Apple, whose market cap is bigger than the GDP of most countries, is bringing in more money than ever and that its profit margins keep growing. For its fiscal 2025 first ...
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 ...
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