Earlier today, during Apple’s Q1 2024 earnings call for the fiscal quarter that ended on December 30, 2023, Apple shared some rather good news: The company reported it earned $119.6 billion in revenue, up 2 percent, year over year, fueled by iPhone sales and sales in services during the holiday season. The quarter was so good, in fact, that Apple was able to end its losing streak of four consecutive quarters of losses.
In its earning call, the company also noted that this was the first fiscal quarter which has included iPhone 15 sales "Today Apple is reporting revenue growth for the December quarter fueled by iPhone sales, and an all-time revenue record in Services,” said Tim Cook, Apple’s CEO.
