Apple (AAPL) Q1 Earnings 2025

Apple’s Income increased by 4% In his first quarterBut he lost the expectations of Wall Street iPhone and sales fell by 11.1% in China, the company reported on Thursday.

The shares were flat on the extended trade.

Here is how Apple calculated consensus in Les in the quarter on December 28th.

• Share earnings per: $ 2.40 vs $ 2.35 calculated
• Sekly: 124.30 billion billion $ 124.12 billion dollars

• iPhone income: $ 69.14 million vs. $ 71.03 billion estimated
• Mac income: 8.99 trillion dollars vs. $ 7.96 billion have been calculated
• iPad income: 8.09 trillion dollars vs. $ 7.32 billion have been calculated
• Other products income: 11.75 trillion dollars vs. 12.01 billion millions are calculated
• Services income: $ 26.34 Billion vs. $ 26.09 estimated
• Gross margin: 46.9% vs 46.5% calculated

Despite the quarter of Apple’s sales quarter, the company very viewed iPhone sales lowed throughout the year. The quarter of December is the first quarter of the iPhone 16 sales and Apple released his Apple Intelligence AI Suite in the quarter.

Apple’s iPhone Miss versus LSE was the largest in the two years, the fiscal report of 2023 was the final profit report. At the time, Apple said that his lack of production was due to the 14 iPhone models due to the product in China.

The company saw significant weakness between China strike, continental, between Hong Kong and Taiwan. Chinese sales fell by 11.1% to $ 18.5 billion quarter. It is the largest fall in Chinese sales when they fell by 12.9% from the same quarter last year.

Apple CEO Tim Cook told CNBC Steve Kovech that IPhone sales were stronger in the countries available in Apple Intelligence. Today, the software is only available in some English-speaking countries, and is not available in China or Chinese.

“In the December quarter, we saw the Apple Intelligence in the markets, the IPhone 16-year-old Year’s performance was that Apple Intelligence was stronger than these markets,” Cook said.

Cook told CNBC with three factors in the company’s Chinese performance. The decline of the 11.1% said in the “channel inventory” is that Apple Intelligence is not launched in the region and after completion of the quarter, China issued national grant that would turn on some Apple products.

“If you examine 11 negative, half the decline is a change in channel inventory, so it is better for operational performance,” Cook said.

Apple executives typically give a color about what calls that are forming calls in the current quarter. Wall Street expects a quarter-on-quarter of $ 1.66 in revenue in revenues of $ 95.46.

The company sold $ 36.33 billion in quarter, 7.1% last year from $ 33.92 million last year.

Apple’s iPad and Mac sales showed great growth sales in the quarter of last year’s holiday. Mac revenue by 15% and 8.98 million dollars and iPad revenues increased by 15% and $ 8.08 billion. The company’s Mac department has had the best growth in the fourth quarter of 2022.

The company released the new Mac quarter, including iMac, Mac mini and Macbook Pro laptops in October, helping to grow partially. Apple also launched a new iPad mini during the quarter. Chefs attributed to new products.

“Our last Mac promotes meaningful excitement around the lineup,” Cook said.

Apple’s earnings engine, subscriptions, guarantees and distribution of licensing offerings, receives $ 23.12 million in revenue, is 14% higher than last year. Cook said that the company had more than a million subscriptions, which includes direct subscriptions for Apple TV + services, as well as subscriptions of third-party applications through the company’s application system.

The company includes sales categories, Apple Watch, Airpods, Beats and Vision Pro sales, fell 2% each year in sales of $ 11.75 million each year.

Apple said that he would pay 25 cents dividend per fee and spent $ 30 billion in dividends and share shopping in the first quarter.

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