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Apple reports a record $124.3B revenue in Q1, up 4% YoY, net income up 7.1% to $36.3B, China net sales down 11% to $18.5B, largest drop in China since Q1 2024

Analysts are concerned about how Apple will signal the March quarter is shaking out.

CNBC

Discussion

  • @modestproposal1 @modestproposal1 on x
    Apples lawyers have noticed that the DOJ is indirectly trying to eliminate 20% of their operating income [image]
  • @geiger_capital @geiger_capital on x
    Apple Q1 revenue is $124.3 Billion. 2022 Q1 revenue was $123.9 Billion. 0.3% revenue growth over 3 years. (We've had ~15% inflation since then) iPhone sales are negative YoY. This is not a growth company. $AAPL [image]
  • @zerohedge @zerohedge on x
    AAPL rebounding on this: *APPLE EXPECTS Q2 REVENUE TO GROW LOW-TO-MID SINGLE DIGITS *APPLE EXPECTS SERVICES REVENUE TO GROW LOW SINGLE DIGITS IN Q2 true, it's great news that revenue growth won't be negative
  • @cnbc @cnbc on x
    Cook points to ‘fiscal stimulus’ after Apple suffers steepest China sales decline in a year https://www.cnbc.com/...
  • @ericjackson Eric Jackson on x
    Yet up 44% since then vs 40% for Nasdaq
  • @neilcybart Neil Cybart on x
    That was one of the more upbeat earnings calls from Apple in a long time.
  • @caro_milanesi Carolina Milanesi on x
    Agree with @BenBajarin on China, this quarter will be more telling as consumers postpone purchase to take advantage of Chinese New Year promotions.  I would also add that Chinese buyers are also driven more by hardware upgrades than software.  Lastly Apple Intelligence will roll …
  • @benbajarin Ben Bajarin on x
    For @Apple there was no iPhone super cycle, just like I tried to tell everyone :). iPhones were soft, thanks to the pattern of elongating device lifestyle, like I have explained before.  China being off ~11% while local brands up double digits just shows China competition heating…
  • @neilcybart Neil Cybart on x
    Apple's 1Q25 earnings are out.  Heading into earnings, my revenue estimate was on the aggressive side ($127.7B) due to iPhone.  Consensus was back at $124.0B.  Apple reported $124.3B of 1Q25 revenue.  A slight beat to consensus.  It's a miss to my estimate as iPhone revenue didn'…
  • @teroterotero Tero Kuittinen on x
    It's a cargo cult. China and global iPhone sales are caving in, but these Yankees are not selling AAPL. They are like Finnish pension funds with Nokia in that fateful spring on 2008.
  • @livesquawk @livesquawk on x
    $AAPL | Apple Q1 25 Earnings - EPS: $2.40 (est $2.35) - Revenue: $124.30B (est $124.1B) - iPhone Revenue: $69.14B (est $71.04B) - Greater China Revenue: $18.51B (est $21.57B) - Service Revenue: $26.34B (est $26.1B) - Mac Revenue: $8.99B (est $7.94B) - iPad Revenue: $8.09B (est
  • @susanlitv Susan Li on x
    On #Apple16 sales CEO @tim_cook tells me that the 16 sold better than the #iphone 15 family 👇 Sales dropped 1% from last year owing to #appleintelligence delay $aapl [image]
  • @zerohedge @zerohedge on x
    *APPLE 1Q GREATER CHINA REV. $18.51B, EST. $21.57B
  • @zerohedge @zerohedge on x
    iPhone big miss
  • @susanlitv Susan Li on x
    #Apple Services like #AppleMusic still growing to a $26.3B Wearables like #AirPods4 missed by a touch #China sales came out ahead of market estimates $aapl
  • r/wallstreetbets r on reddit
    Apple misses on iPhone revenue, sees 11% drop in China sales
  • r/apple r on reddit
    Apple reports record Q1 2025 earnings with $124.30 billion in revenue
  • @inafried Ina Fried on bluesky
    Apple earnings sound less good this quarter.  I don't mean the results are worse, I just mean everything sounds better when former CFO Luca Maestri says it.
  • @rani Rani Molla on bluesky
    Apple's 2025 vibe: Sleep apnea and luggage tags
  • @tylerh.social Tyler Hayes on bluesky
    Wearables, home, and accessories isn't an area of free money but it's one with huge profit potential so I expect more serious investment here over the next 24 months (which it sounds like is already happening internally) [embedded post]
  • @anjali.gama Anjali Viramgama on threads
    Wow—Apple just hit 1 billion subscriptions and nearly $100B in services revenue! iPhone sales may be slowing, but Services is booming, growing 14% year-over-year.  From Arcade to iCloud, engagement is at an all-time high.  Meanwhile, regulators are still circling, but Apple's hol…
  • @markgurman Mark Gurman on x
    Cook says the new Siri — previously expected for iOS 18.4 in April — will come over the “next several months.” Unclear if this is his language or a delay.
  • @markgurman Mark Gurman on x
    Pretty clear now why there's a new iPad Air coming just a year after the last model but no new iPad Pro. The iPad Air is clearly a hit. It's hard to beat the $799 model with a 13 inch screen and M2. Quite the deal.
  • @benbajarin Ben Bajarin on x
    On iPhone trajectory, this question on room for form-factor innovation is telling. I've been clear, hardware designs/innovation drive upgrade cycles, not software. @tim_cook believes there is a lot of room for that hardware innovation in smartphones. [image]
  • @lukemiani Luke Miani on x
    Further evidence that Steve's original $499 iPad price point was correct
  • @leakerapple @leakerapple on x
    I'm done, screw this
  • @axios @axios on x
    iPhone 16 sales surge in markets with Apple Intelligence https://www.axios.com/...
  • @thetranscript_ @thetranscript_ on x
    $AAPL CEO: “...my point earlier was that markets where we had rolled out Apple Intelligence during the Q1 period performed better on a YoY basis than the markets where we had not. That gives us a positive indicator that we were pleased with.”
  • @fjeronimo Francisco Jeronimo on x
    “We have great results in a number of emerging markets, particularly keen in India 🇮🇳. We are opening four new stores there. The iPhone was the top-selling model in India for the quarter. It is the second-largest smartphone market in the world and the second for PCs. ” @tim_cook …
  • @markgurman Mark Gurman on x
    Apple has now mentioned multiple times that the 15% growth in the iPad is primarily due to the iPad Air and lower-end iPads, not the iPad Pro, which is priced like a Mac.
  • @thetranscript_ @thetranscript_ on x
    $AAPL CEO was asked about the impact of DeepSeek: “In general, innovation that drives efficiency is a good thing. That's what you see in our model—our tight integration of silicon and software, which I believe will continue to serve us very well.” [image]
  • @getpeid Carl Pei on x
    @markgurman 🤷‍♂️
  • @munster_gene Gene Munster on x
    Another positive datapoint on March: Cook says the next round of Apple Intelligence language rollouts is in April, which falls in Q3. This means the March guide does not account for the benefit of incremental Apple Intelligence regions.
  • @tailosivetech @tailosivetech on x
    I've permanently given up on Siri. Turned off Apple Intelligence 6 weeks ago and I don't miss it
  • @zerohedge @zerohedge on x
    iPhone sales down YoY and now flat for the past decade. That's called zero innovation and absolutely no AI supercycle [image]
  • @susanlitv Susan Li on x
    #Apple earnings BEAT with RECORD Quarterly Sales Revenue $124.3B EST $124.12 Profit $2.40 EPS EST $2.35 #iPhone revenue MISSED $69.13B Spoke to CEO Tim Cook who tells me #iPhone16 sold better than 15 family #appleintelligence launching in more languages in April #Mac 💻