Apple Q1 2025 Earnings Report Release Date: January 30
Apple has officially announced that it will be releasing its earnings report for Q1 2025 on January 30. This report is expected to dive deeper into the sales performance of the new iPhone 16 and Apple Watch Series 10, giving us insight into how these products have been doing, especially during the holiday season.
In the previous quarter, Q4 2024, Apple reported revenue of $94.93 billion, showing a 6% increase year-on-year. Most categories saw growth, except for Wearables, Home, and Accessories. Since the iPhone 16 and Apple Watch Series 10 were released in mid-September of 2024, the Q4 report only captured a glimpse of their sales performance. The upcoming Q1 2025 report will provide a more comprehensive view of how these new devices have been faring in the market.
Last year, Apple reported the following revenues for Q1:
iPhone revenue: $69.70 billion
Services revenue: $23.12 billion
Mac revenue: $7.78 billion
iPad revenue: $7.02 billion
Wearables, Home & Accessories revenue: $11.95 billion
In other news, Luca Maestri has transitioned from the role of CFO and is now leading the Corporate Services teams at Apple. Stepping into the CFO shoes is Kevin Parekh, who has been with Apple for 11 years and has previously spearheaded Financial Planning and Analysis, G&A and Benefits Finance, Investor Relations, and Market Research.
As per tradition, Apple will be live streaming the investor call on its website to discuss the results. The call is scheduled for 2 PM PT/5 PM ET, with the earnings report set to be released 30 minutes before that. This will mark Kevin Parekh’s first investor call as CFO. Make sure to tune in for all the latest updates on Apple’s earnings and company news.
