The tech giant’s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.

Tim Cook insists Apple Intelligence is convincing people to upgrade — even if the features are underwhelming so far.

Apple reported $18.5 billion in sales in greater China last quarter, comfortably below consensus estimates of $20.9 billion.

Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling a sluggish start to the trendsetting company’s effort to catch up to the rest of Big Tech in the race to bring artificial intelligence to the masses.

Apple reported its latest quarterly earnings results Thursday, revealing all-time record-breaking sales for its October-December 2024 period. Wall Street forecast earnings per share (EPS) of $2.34 on $124 billion in revenue,

Apple reported that it earned a net income of $36.3 billion on revenues of $124.3 billion in the quarter ending December 28, 2024.

Apple reported the company's best quarterly sales ever on Thursday, with the tech giant pointing to a strong holiday performance leading to $124.3 billion in Q1 revenue. The company offset declining sales in China with a boost from Europe,