Shares rose 3.7% post-earnings as Apple delivered March quarter records across revenue, EPS, and key product lines, outperforming what was implied in prior guidance despite ongoing supply constraints. The Street reacted positively to broad-based double-digit growth, including a notable rebound in Greater China, and Apple’s upbeat commentary on its product and services roadmap.
- Revenue grew 17% year-over-year to $111.2 billion, setting a new March quarter record and coming in above the high end of guidance.
- EPS reached $2.01, up 22% year-over-year, establishing a March quarter record.
- iPhone revenue rose 22% to $57 billion, another March quarter record, despite supply constraints; new iPhone 17E and AI-focused silicon were key highlights.
- Services revenue climbed 16% to an all-time high.
- All geographic regions posted double-digit growth; Apple cited strong momentum in Greater China, Asia Pacific, and India.
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