Apple on Friday confirmed that it’s going to launch its Q1 2025 earnings report on January 30, 2025. The report will cowl iPhone 16 and Apple Watch Series 10 gross sales extra extensively, in addition to giving us a touch about gross sales efficiency throughout the vacation season.
Apple to report Q1 2025 earnings later this month
In Q4 2024, which coated the months of July to September, Apple reported $94.93 billion in income, up 6% year-on-year. The corporate recorded development in most of its classes, aside from Wearables, Dwelling, and Equipment – which incorporates Apple Watch, AirPods, and HomePod.
Since new merchandise such because the iPhone 16 and Apple Watch Series 10 have been launched in mid-September, the This fall 2024 report solely contains knowledge on the primary two weeks of gross sales for these merchandise. With the Q1 2025 report, which covers gross sales from October to December, we’ll have a clearer image of how the brand new units have been performing to date.
Right here’s what Apple reported for Q1 final 12 months:
- iPhone income: $69.70B
- Providers income: $23.12B
- Mac income: $7.78B
- iPad income: $7.02B
- Wearables, Dwelling & Equipment income: $11.95B
On a associated be aware, Apple today made official that Luca Maestri has stepped down as the company’s CFO, and can now lead the Company Providers groups. Apple’s new CFO is Kevin Parekh, who has labored on the firm for 11 years and beforehand led Monetary Planning and Evaluation, G&A and Advantages Finance, Investor Relations, and Market Analysis.
As all the time, Apple will dwell stream the investor name on its web site to debate the outcomes. The decision will likely be held at 2PM PT/5PM ET with Apple releasing its full earnings report half-hour earlier than that. This will likely be Kevin Parekh’s first name as CFO.
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