Key Points
• Apple will release its Q1 2025 earnings report on January 30, 2025, providing insight into iPhone 16 and Apple Watch Series 10 sales.
• The report will cover the holiday season, offering a clearer picture of the new devices’ performance.
• Luca Maestri has stepped down as CFO and will lead Corporate Services, replaced by Kevin Parekh, who has worked at Apple for 11 years.
Apple has announced that it will release its Q1 2025 earnings report on January 30, 2025, giving investors and tech enthusiasts a glimpse into the company’s performance during the holiday season. The report will provide a more comprehensive look at the sales of the newly launched iPhone 16 and Apple Watch Series 10, which were introduced in mid-September.
The Q4 2024 report, which covered the months of July to September, showed a 6% year-on-year revenue growth of $94.93 billion. However, the Wearables, Home, and Accessories category, which includes Apple Watch, AirPods, and HomePod, saw a decline. The Q1 2025 report will offer a more accurate picture of how these new products have performed since their launch.
Apple’s Q1 2024 report showed a revenue breakdown of $69.70 billion for iPhones, $23.12 billion for Services, $7.78 billion for Macs, $7.02 billion for iPads, and $11.95 billion for Wearables, Home, and Accessories.
In addition to the earnings report, Apple has announced that Luca Maestri has stepped down as CFO and will now lead the Corporate Services teams. Maestri has been replaced by Kevin Parekh, who has worked at Apple for 11 years and has previously led various financial teams within the company.
The investor call will be live-streamed on Apple’s website at 2PM PT/5PM ET, with the full earnings report released 30 minutes prior to the call. This will be Kevin Parekh’s first call as CFO.
As Apple enthusiasts await the earnings report, they can look forward to getting a better understanding of the company’s performance and the success of its new products.
Don’t forget to check out some new iPhone Tutorials.
Discover more from iOS Mode
Subscribe to get the latest posts sent to your email.