iPhone, Services lead the way once again.
After a somewhat disappointing string of quarterly releases, Apple reported a 2 percent year-over-year revenue gain in the first fiscal quarter of 2024 on the back of $119.6 billion in revenue. And that’s with one fewer week than last year’s quarter—so all around a strong performance.
The gains were due to strong iPhone sales, which posted a 6 percent increase, and Services, which posted a 14 percent gain for a record $23 billion in sales.
