Apple, a tech giant recognized for its innovative products like the iPhone, iPad, Mac, and a suite of services including Apple TV+, Apple Music, and the App Store, regularly announces its earnings on a quarterly basis. These announcements are often accompanied by investor calls featuring Apple's CEO, Tim Cook, who provides insights into the company’s financial performance and future strategies. These calls serve as a platform to discuss revenue streams from various Apple products, with the iPhone traditionally being a major contributor to overall sales, although recent quarters have shown some fluctuations.

Apple Q1 Earnings 2025

In the fiscal first quarter of 2025, Apple reported impressive results on January 30, surpassing both earnings and revenue expectations. The company achieved a record revenue of $124.3 billion, marking a 4% increase year-over-year. The earnings-per-share (EPS) reached $2.40, exceeding the estimated $2.35. However, revenue from China fell short of projections, with $18.51 billion recorded against an expected $21.57 billion. Cook attributed this shortfall to the absence of Apple Intelligence in the region. During the earnings call, Cook expressed optimism regarding upcoming products and the potential of AI, predicting its mainstream adoption. He noted that Apple Intelligence is exclusive to iPhone 15 Pro and iPhone 16 models, suggesting a future increase in usage as the user base expands.

Apple Q4 Earnings 2024

The fourth-quarter earnings, announced in October 2024, also exceeded revenue and profit forecasts, with revenue totaling $94.9 billion, slightly above the anticipated $94.3 billion. The adjusted earnings per share stood at $1.64, surpassing the estimated $1.60. However, the company did not meet its targets in Greater China, reporting revenue of $15.03 billion against an expected $15.8 billion. Cook mentioned plans to introduce more AI features in the coming months, highlighting Apple Intelligence as a catalyst for a “new era” within the company. He refrained from commenting on the potential impact of the presidential election and tariffs on Apple.

Apple Q3 Earnings 2024

For the fiscal third quarter of 2024, Apple's earnings call in August revealed positive results, beating estimates with a revenue of $85.7 billion, surpassing the expected $84.4 billion. The earnings per share came in at $1.40, above the anticipated $1.35. While iPhone sales experienced a slowdown, services saw significant growth, and the iPad lineup, launched in May, received special recognition from Apple executives. iPad revenue increased by 24% year-over-year during the quarter. Apple Intelligence, previously announced at the Worldwide Developers Conference in June, was a key topic of discussion. Cook announced its rollout would commence in 2024 and continue into 2025, underscoring the company's optimistic outlook on AI.

Apple Q2 Earnings 2024

In the fiscal second quarter of 2024, Apple's earnings call in May reported a revenue of $90.7 billion, slightly above estimates of $90.3 billion, with earnings per share at $1.53, exceeding the expected $1.50. Sales in Greater China performed better than anticipated, but iPhone sales decreased by 10% compared to the previous year. Apple also announced a record stock buyback of $110 billion. Cook praised the Vision Pro headset, launched on February 2, noting the company's positive start with this device, which marked Apple's first major new product line since the Apple Watch. Apple's net revenue for the 2024 fiscal year reached $391 billion, a 2% increase year-over-year, while net income slightly decreased to $93.7 billion, down 3% year-over-year. Apple currently offers a dividend of $0.25 per share.