None
EN
Apple Blows Past Q1 Earnings Estimates On 'Unprecedented' iPhone Demand, Active Installed Base Crosses 2.5 Billion
['Adam Eckert']
Benzinga - Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals
Apple Smashes Analyst Estimates In Q1Apple reported fiscal first-quarter revenue of $143.76 billion, beating analyst estimates of $138.42 billion.
Americas sales totaled $58.53 billion in the quarter, Europe sales came in at $38.15 billion, Greater China sales were approximately $25.53 billion, Japan sales totaled $9.4 billion and the rest of Asia Pacific sales were $12.14 billion.
Product revenue came in at $113.74 billion, up from $97.96 billion year-over-year.
Services revenue totaled $30.01 billion, up from $26.34 billion year-over-year.
iPhone: $85.27 billion, versus $69.14 billion last year$85.27 billion, versus $69.14 billion last year Mac: $8.39 billion, versus $8.99 billion last year$8.39 billion, versus $8.99 billion last year iPad: $8.60 billion, versus $8.09 billion last year$8.60 billion, versus $8.09 billion last year Wearables, Home and Accessories: $11.49 billion, versus $11.75 billion last yearApple said its active installed base of devices now has more than 2.5 billion active devices.