Apple Inc.: An Impressive 2024 Lineup But What Does It Mean For Shareholders?

According to the latest Q1 earnings, Apple Inc. showcased an upward trajectory with revenue reaching $119.6 billion for the December quarter – a 2% increase from a year ago. The electronics giant reached revenue records in more than two dozen countries and regions, with substantial growth in many emerging markets. The company announced a new record for their installed base, surpassing 2.2 billion active devices. Furthermore, Apple Inc. recognized significant growth in Services, with paid subscriptions growing significantly year-over-year, setting an all-time revenue record.