How did Apple's Services revenue trend in Q1 2025 compared to previous quarters?

Apple's Services revenue in Q1 2025 showed a significant upward trend compared to the previous quarter, Q4 2024.

1. Q1 2025 Services Revenue: Apple's Services segment achieved a new all-time high revenue of $26.34 billion in Q1 2025, marking a 13.9% increase year-over-year.
2. Q4 2024 Services Revenue: In contrast, the Services segment reported a record revenue of $25 billion in Q4 2024, reflecting an approximate 11.9% year-over-year increase.
3. Comparison and Trends:
   • The year-over-year growth rate in Services revenue increased from approximately 11.9% in Q4 2024 to 13.9% in Q1 2025.
   • The absolute revenue achieved in Q1 2025 ($26.34 billion) surpassed the previous quarter's revenue ($25 billion).
   • This indicates a strong and growing contribution from Apple's Services segment, which is a key part of the company's strategy and reflects robust consumer demand for its digital products and services.

Overall, Apple's Services revenue demonstrated robust growth in Q1 2025, building upon the strong performance seen in the previous quarter, suggesting a positive trajectory for this segment of the business.