SAN FRANCISCO - Apple on Thursday announced financial results for its fiscal 2025 first quarter ended Dec 28, 2024, with quarterly revenue of $124.3 billion, up 4 percent year-over-year, and quarterly diluted earnings per share of $2.40, up 10 percent year-over-year.

Its net income for the quarter increased to $36.33 billion from $33.92 billion a year ago.

The company's iPhone, Mac, Wearables and Services revenue amounted to $124.3 billion compared with $119.58 billion a year ago.

Sales of iPhone amounted to $69.14 billion, down from $69.70 billion a year ago.

Its Mac sales increased to $8.99 billion from $7.78 billion a year ago.

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Its sales of Wearables, Home and Accessories products decreased to $11.75 billion from $11.95 billion a year ago.

The services' income reached $26.34 billion, compared to $23.12 billion the previous year.

The iPad sales increased to $8.09 billion from $7.02 billion a year ago.

"Today Apple is reporting our best quarter ever," said Tim Cook, Apple's CEO.

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"We were thrilled to bring customers our best-ever lineup of products and services during the holiday season," he added.