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Apple | 1Q 25 Analysis: Strong growth in Services, but iPhone sales disappoint

CS
Charles Sainsbury
· March 24, 2025 · 4 min read

Apple released its results for the last fiscal quarter, which brought a number of interesting trends and surprises. While overall sales were up, iPhone sales fell short of analysts' expectations, with sales in the Chinese market down 11.1%. In contrast, the services segment and some hardware products showed strong growth. What factors influenced the company's development? What steps is Apple taking for future growth and what new products has the company introduced?

What is happening?

Apple entered the new year with conflicting results. While the company's overall revenue grew, some key segments, such as iPhone sales or performance in the Chinese market, fell short of expectations. Sales in China fell 11.1%, which CEO Tim Cook said was due to inventory shifts and the absence of Apple Intelligence in the region, among other factors.

How was the last quarter?

Apple posted a 4% increase in total revenue in its fiscal first quarter, although iPhone sales fell slightly short of Wall Street…

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