Cupertino’s Cash Surge: Apple’s Services Soar as Q1 Earnings Hit Historic Levels

Apple’s holiday quarter has always been a stronghold for earnings, and the final three months of 2024 set a new benchmark. The Cupertino giant reported all-time high revenues of $124.3 billion, marking a 4% year-over-year increase. Net income also surged to $36.3 billion, driven by robust sales across key global markets, including the Americas, Europe, Japan, and the Rest of…