Apple quarterly revenue increases, even as China sales decline 11%

1. Apple reported Q1 2025 revenue of $124.3 billion, beating expectations. 2. iPhone sales dropped by 11.1% in China, its largest decline in key market. 3. CEO Tim Cook attributes iPhone performance to delayed AI features in China. 4. Mac and iPad sales grew by 15%, while services revenue increased by 14%. 5. Apple now has over one billion subscriptions, boosting service revenues.