Apple reported a robust first-quarter revenue of $143.76 billion, surpassing the estimated $138.4 billion and marking a 16% increase from the previous year. The company's diluted earnings per share also exceeded expectations at $2.84, a 19% rise year-over-year. iPhone sales reached a record $85.27 billion, up 23% from the same period last year, while services revenue hit a new high of $30 billion, a 14% increase. Apple's active device base now exceeds 2.5 billion units. The company's stock (AAPL) closed up 0.72% and gained an additional 0.6% in after-hours trading.