Apple's revenue in the first quarter was $143.76 billion, a 16% increase year-on-year, with iPhone revenue reaching a record $85.27 billion

According to data from Jin10, Apple released its first-quarter financial report after hours, with first-quarter revenue of $143.76 billion, estimated at $138.4 billion, a year-on-year increase of 16%. The first-quarter diluted earnings per share were $2.84, estimated at $2.68, a year-on-year increase of 19%. iPhone revenue hit a record high, approximately $85.27 billion, a year-on-year increase of 23%. Service business revenue also reached a record high, approximately $30 billion, a year-on-year increase of 14%. The active device install base exceeded 2.5 billion units.

Apple (AAPL) rose 0.72%, and increased another 0.6% in after-hours trading.