Apple shared its earnings report for Q1, 2024 - the quarter ending on December 30, 2023, and it showed revenues of $119.6 billion and $33.9 billion in profits. Revenues are up by 2% while profits grew by 13% on a yearly basis. The iPhone remained Apple’s largest revenue contributor at $69.7 billion while Apple’s services which include the likes of Apple Music, TV+, iCloud and the App Store reached a new all-time high of $23.1 billion in revenue. Wearables, home and accessories chimed it with $11.9 billion, Mac revenue remained solid at $7.8 billion while iPad dropped to just...
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