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Apple's first-quarter revenue was $143.76 billion, up 16%, and iPhone revenue hit a record of $85.27 billion
GateNewsBot
ChainCatcher news, according to Golden Ten data, Apple released its first-quarter financial report after hours, with first-quarter revenue of $143.76 billion and an estimated $138.4 billion, a year-on-year increase of 16%. Diluted earnings per share for the first quarter were $2.84 versus $2.68 estimated, up 19% year-over-year. iPhone revenue hit a record of $85.27 billion, up 23% year-over-year. Services business revenue reached a record of about $30 billion, up 14% year-over-year. The installed base of active devices exceeds 2.5 billion units.
Apple (APPL) closed up 0.72% and rose another 0.6% in after-hours trading.
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