Apple calendar Q1 revenues up 17%

The company expects further sales growth of 14-17% in the current quarter.

Sales of the iPhone were $56.99 billion.

Mac sales were $8.4  billion.

Sales of iPads were $6.91 billion.

Sales of wearables, including the Apple Watch, were $7.9 billion.

 China sales were $20.5 billion.

Services revenue was $30.98 billion

Apple will buy back $100 billion worth of its own shares.

“Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every geographic segment,” said Tim Cook delivering quarterly results for the 89th time as CEO, “iPhone achieved a March quarter revenue record, fuelled by such extraordinary demand for the iPhone 17 lineup. During the quarter, Services achieved yet another all-time record, and we were excited to introduce remarkable new products to our strongest lineup ever. That included the addition of the iPhone 17e and the M4-powered iPad Air, along with the launch of MacBook Neo, which is captivating customers all around the world.”

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