Friday, January 31, 2025

Apple’s Q1 2025 financials welcome in new CFO Kevan Parekh

Date:

Apple CEO Tim Cook dinner [left], CFO Kevan Parekh [right]

Apple has reported its monetary outcomes for the primary quarter of 2025, with the vacation gross sales boosting income to a file $124.3 billion within the first outcomes name with new CFO Kevan Parekh.

The primary quarter of Apple’s fiscal yr is usually the largest throughout all durations, following the normally intensive vacation buying interval and iPhone launches. The Q1 2025 outcomes observe precisely the identical sample.

Within the first quarter, Apple’s income hit $124.3 billion, up from $119.58 billion reported one yr in the past in Q1 2024.

Bar chart showing quarterly revenue and gross margin from 2017 to 2025. Blue bars represent revenue, green bars represent gross margin. Revenue generally exceeds gross margin each quarter.
AAPL quarterly income and gross margin

Damaged right down to items, iPhone income reached $69.1 billion, marginally down from $69.7 billion in Q1 2024. iPad income went up from $7.02 billion final yr to $8.088 billion this time.

Mac income was largely static in Q1 2024 at $7.78 billion, whereas in Q1 2025, it rose to $8.987 billion. Wearables, Dwelling, and Equipment managed to hit $11.747 billion, down from $11.95 billion in Q1 2024.

Providers, the very dependable sector for the corporate, continued its constructive development streak. The $26.34 billion in Q1 2025 is up from $23.12 billion recorded in Q1 2024.

Apple’s board of administrators declared a money dividend of $0.25 per share of frequent inventory. The Earnings Per Share is listed at $2.41.

Through the interval, Apple benefited from fairly just a few previous product launches. The This autumn launches of the iPhone 16 vary, AirPods Max with USB-C, the Apple Watch Sequence 10, and the black Apple Watch Extremely 2 all loved a full quarter of vacation buying gross sales.

Bar chart showing quarterly revenue from 2017 to 2025 for iPhone, iPad, Mac, Services, and Wearables, Home, and Accessories, highlighting highest revenue from iPhones.
AAPL Items Income

As ordinary, the outcomes are adopted by the convention name with traders and analysts. Tim Cook dinner can be in attendance as CEO, however so will Kevan Parekh, who’s changing Luca Maestri as CFO.

Maestri stepped down in January, permitting the VP of Monetary Planning and Evaluation to take over his position.

“Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up 4 percent from a year ago,” stated Tim Cook dinner, Apple’s CEO. “We were thrilled to bring customers our best-ever lineup of products and services during the holiday season.

“Our file income and robust working margins drove EPS to a brand new all-time file with double-digit development and allowed us to return over $30 billion to shareholders,” said Kevan Parekh. “

On a regional foundation, income from the Americas grew from $50.4 billion one yr in the past to $52.6 billion. Europe equally noticed an enchancment from $30.4 billion to $33.9 billion.

Higher China income dipped from $20.8 billion to $18.513 billion, whereas Japan grew from $7.7 billion to $10.3 billion. Remainder of Asia Pacific rounds out the listing with $10.291 billion, a marginal enchancment over Q1 2024’s $10.162 billion.

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