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    Apple (NASDAQ:AAPL) posts $119.6B revenue in Q1

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    Apple (NASDAQ:AAPL) today announced financial results for its first quarter of fiscal 2024, ended December 30, 2023. 

    The company posted quarterly revenue of $119.6 billion, up 2% year-over-year, and earnings per diluted share of $2.18, up 16%.

    Highlighting the quarter's achievements, Apple's CEO, Tim Cook, pointed out that the company's revenue growth was driven by iPhone sales and a new all-time revenue record in their services segment.

    Additionally, Cook emphasized that the company's active installed base has now surpassed 2.2 billion across all products and geographical segments.

    Meanwhile, the company also declared a cash dividend of $0.24 per share, payable in mid-February 2024 to shareholders of record.

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