10 Most Profitable Blue Chip Stocks to Buy Now

6. Apple Inc. (NASDAQ:AAPL)

Net Profit Margin: 24.3%

Last year’s net income: $166 billion

Number of Hedge Fund Holders: 103.98

Apple Inc. (NASDAQ:AAPL) designs and sells consumer electronics, software, and services. It is best known for its iPhone, iPad, Mac, Apple Watch, and AirPods. The company’s advantage consists of a vertically integrated model and a vast network of financially potent users that has tremendous potential for upselling and cross-selling opportunities, such as the App Store, iCloud, Apple Music, and Apple TV+ services. It is among the most profitable stocks to invest in.

Apple Inc. (NASDAQ:AAPL) reported strong financial results for Q1 2025, with revenue reaching an all-time record of $124.3 billion, up 4% YoY, and record EPS of $2.40, up 10%. The company achieved all-time revenue records across multiple regions, including the Americas, Europe, Japan, and the rest of Asia Pacific, while also seeing momentum in emerging markets with record revenues in Latin America, the Middle East, and South Asia. Services revenue hit an all-time record, with the business generating nearly $100 billion in revenue over the past year, while the company’s installed base reached a new record of over 2.35 billion active devices.

In terms of product performance, iPhone revenue came in at $69.1 billion with record revenues across dozens of markets, while Mac revenue grew 16% YoY to $9 billion and iPad revenue increased 15% to $8.1 billion. The company highlighted the success of Apple Intelligence features in driving iPhone upgrades, with markets where these features were available showing stronger year-over-year performance compared to markets without them. Looking ahead, Apple Inc. (NASDAQ:AAPL) provided guidance for the March quarter, expecting low to mid-single digit YoY revenue growth and Services revenue growth in low double digits, despite a 2.5% foreign exchange headwind.