Record sales and strategic investments …

• Revenue: 95.4 billion US dollars, 5% compared to the previous year.

• Diluted EPS: USD 1.65, 8% compared to the previous year.

• iPhone sales: 46.8 billion US dollars, 2% compared to the previous year.

• Mac income: 7.9 billion US dollars, 7% compared to the previous year.

• iPad income: 6.4 billion US dollars, 15% compared to the previous year.

• Wearables, home and accessories Revenue: 7.5 billion US dollars, a decrease of 5% compared to the previous year.

• Service income: 26.6 billion US dollars, by 12% compared to the previous year.

• Gross marge: 47.1%.

• Operating costs: 15.3 billion US dollars, 6% compared to the previous year.

• Net income: 24.8 billion US dollars.

• Operating cash flow: $ 24 billion.

• Shareholder returns: 29 billion US dollars returned, including 3.8 billion US dollars of dividends and 25 billion US dollars in stock returns.

• Cash and marketable securities: 133 billion US dollars.

• Net money: 35 billion US dollars.

Appearance date: May 1, 2025

You can find the complete copy of the earnings call in the complete earnings call.

• Apple Inc (Nasdaq: AAPL) achieved sales of 95.4 billion US dollars by 5%compared to the previous year, with a record for a diluted EPS being reflected in March in March.

• The services achieved a sales record of $ 26.6 billion and increased by 12%compared to the previous year.

• The iPhone turnover rose by 2%compared to the previous year, which was powered by the iPhone 16 family with a strong active basis.

• Mac's turnover rose by 7%compared to the previous year, with every geographical segment growing and high customer satisfaction.

• Apple Inc (Nasdaq: AAPL) announced plans to invest 500 billion US dollars in the United States in the next four years, to expand institutions and to obtain further components in Germany.

• Wearables, home and accessories decreased by 5% compared to the previous year, which was exposed to a difficult comparison with previous product launches.

• In the June Quartal, the company has a potential effects of tariffs of 900 million US dollars from tariffs, with uncertainty about future tariff changes.

• China's turnover decreased by 2% compared to the previous year, although he was roughly flat when adjusting to foreign exchange overwind.

• The gross paragraphs of the product took 340 basis points backwards, which is due to mix, foreign exchange and seasonal lever loss.

• There are ongoing legal challenges, including the epic case and the Google Antitrust test, which could affect Apple Inc (Nasdaq: AAPL )'s service business.

Q: Tim, can you give clarity about the mixture of iPhones from India for the USA and whether the goal is to obtain 100% of the iPhones bound in the USA from India? A: Timothy Cook, CEO: For the June Quartal, we expect most iPhones in the USA to be sold as a country of origin in India. We do not predict the future mix, but offer clarity for the June quarter.

Q: Can you make it clear whether the quartal of March was sold and sold and whether you expect you to be organized in June in the Juni quarter? A: Timothy Cook, CEO: We did not see any significant demand due to tariffs in the March district. The sewer inventory was similar from the beginning to the end of the quarter.

Q: How should investors think about the gross margin on the way if you get more from the USA and other changes in the supply chain? A: Timothy Cook, CEO: We are happy to bring more production to the USA, and some of them have already been built into the edges. We do not predict beyond the current quarter.

Q: Can you offer the factors that have an impact in the quarter? A: Kevan Parekh, CFO: In the following, the gross margin of the product due to the mixture, seasonal lever loss and foreign exchange, partially took out cost savings. Year-to-last year it had dropped due to other mixture and foreign exchange relegation.

Q: How do you see the effects of tariffs on demand and price strategies? A: Timothy Cook, CEO: We are involved in tariff discussions and today have nothing known about the pricing. Our company team optimizes the supply chain and the inventory.

Q: What do you think about the resilience and redundancy of the supply chain and the risks of export control problems? A: Timothy Cook, CEO: We have a complex supply chain with inherent risks. We have diversified sources of supply to alleviate risks and will continue to do so.

Q: How important is it for Apple to have its own basic AI models, and how is this related to your strategy for the data center? A: Timothy Cook, CEO: We have a hybrid data center strategy that uses third parties and makes our own investments. We work on basic models and will work together if necessary.

Q: Can you give an insight into the effects of Apple Intelligence to sell iPhone in markets where it is available? A: Timothy Cook, CEO: In markets with Apple Intelligence, the iPhone 16 family performance was stronger compared to the previous year. Many languages ​​were introduced in April in terms of the Q3.

Q: How do you see the effects of legal cases on the Apple service business? A: Timothy Cook, CEO: We do not agree with the latest epic trap disorder and are appealing. The Google Antitrust study continues and we monitor it exactly.

You can find the complete copy of the earnings call in the complete earnings call.

This article first appeared on Gurufocus.