San Francisco, May 1, 2025 (AFP) - Apple profit grows but services business disappoints

NAMPA / AFP

2025-05-01

Apple on Thursday said its profit in the first three months of this year grew to $24.8 billion, reporting better than expected results powered by iPhone sales. Apple's revenue of $95.4 billion in the quarter came on the back of iPhone sales in the crucial China market, which brought in $17 billion. But Apple shares slipped two percent as investors had expected more from the tech giant's services unit and fretted over a possible hit to earnings fr......

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