New CFO and iPhone holiday sales: What to expect from Apple's Q1 2025 earnings
Share:
Apple CEO Tim Cook. Last updated 12 hours ago. Apple will be announcing the first-quarter results for 2025 on January 30. Here's what to expect from what should be a blockbuster financial release. Apple's Q1 2025 financial results will be released on Thursday, January 30, a short time ahead of the analyst and investor conference call at 5p.m. Eastern.
The call will feature CEO Tim Cook explaining the financial details from the results, but he will have a new person on the call with him. Former CEO Luca Maestri bid farewell in October's earnings call, with Kevan Parekh set to take his seat in the quarterly call.
While Cook did take time to praise Maestri during his last conference call as CFO, it's more likely that Parekh's welcome will be a much quicker affair. The Q4 results saw Apple haul in $94.93 billion in revenue, up from $89.5 billion one year prior. Apple also declared an earnings per share of $1.64.
iPhone revenue was up 5.5% year-on-year to $46.22 billion, with iPad up 7.9% to $6.95 billion. Mac also saw an increase, but of 1.7% at $7.74 billion, while Services continued growing with a 11.9% YoY increase to $24.7 billion. Wearables, Home, and Accessories was the only blemish, dropping 3% year-on-year to $9.32 billion.
The period saw the launches of the iPhone 16 range, AirPods Max with USB-C, the Apple Watch Series 10, and an Apple Watch Ultra 2 in black. However, as usual, these releases will have only partly helped in Q4 2024, with them more likely to affect the Q1 2025 results instead.
