Operator Welcome to Visa's fiscal first quarter 2025 earnings conference call. All participants are in a listen-only mode until the question-and-answer session. Today's conference is being recorded. If you have any objections,

Apple Inc. reported its first-quarter earnings for fiscal year 2025, surpassing Wall Street's expectations for earnings per share (EPS) but slightly missing on revenue forecasts. The company's stock saw a positive reaction in aftermarket trading.

It seems it doesn’t matter, as Apple’s moat remains strong, and the company’s software side continues to generate solid growth and profits. Services revenue reached a new all-time high of $26.34 billion,

Apple has released its earnings report for fiscal Q1 2025. The company reports $124.30 billion in revenue during the three-month period.