The earnings call reflected a strong overall performance with record-breaking revenue and growth in services and emerging markets. However, challenges in China and a decline in wearables revenue presented some areas of concern.

Company Guidance

During the Apple Q1 Fiscal Year 2025 Earnings Conference Call, Apple reported a record revenue of $124.3 billion, a 4% increase from the previous year, with EPS reaching an all-time high of $2.40, up 10% year-over-year. The company set all-time revenue records in several regions, including the Americas, Europe, Japan, and the rest of Asia Pacific, and observed strong momentum in emerging markets such as Latin America and South Asia. Services revenue achieved an all-time high of $26.3 billion, growing 14% year-over-year. Apple also highlighted its installed base reaching over 2.35 billion active devices. Product-wise, iPhone revenue was $69.1 billion, Mac revenue rose by 16% to $9 billion, and iPad revenue increased by 15% to $8.1 billion. Despite a 2% year-over-year decline, wearables, home, and accessories revenue stood at $11.7 billion. The company maintained a robust gross margin of 46.9% and reported operating expenses of $15.4 billion. Looking ahead, Apple anticipates low to mid-single-digit revenue growth in the March quarter, with services revenue expected to grow in low-double digits, despite facing foreign exchange headwinds.

Record-Breaking Revenue and Growth

Apple reported revenue of $124.3 billion for the December quarter, up 4% from a year ago, marking an all-time record. EPS also set an all-time record of $2.40, 10% higher year-over-year.

Strong Performance in Emerging Markets

Apple achieved all-time revenue records in emerging markets such as Latin America, the Middle East, and South Asia. India set a December quarter record with the iPhone as the top-selling model.

Services Revenue Surge

Services revenue reached an all-time record of $26.3 billion, up 14% year-over-year, with growth in every geographic segment and increased customer engagement.

Mac and iPad Growth

Mac revenue was $9 billion, up 16% year-over-year, while iPad revenue was $8.1 billion, up 15% year-over-year, driven by new product launches and strong customer interest.

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Apple (GB:0R2V) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GB:0R2V Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 31, 2018	2018 (Q3)	- / 0.58	0.418	39.95% (+0.17)	―	―
Nov 01, 2018	2018 (Q4)	- / 0.73	0.518	40.54% (+0.21)	―	―
Jan 29, 2019	2019 (Q1)	- / 1.04	0.972	7.51% (+0.07)	―	―
Apr 30, 2019	2019 (Q2)	- / 0.61	0.682	-9.82% (-0.07)	―	―
Jul 30, 2019	2019 (Q3)	- / 0.55	0.585	-6.84% (-0.04)	―	―
Oct 30, 2019	2019 (Q4)	- / 0.76	0.728	4.12% (+0.03)	―	―
Jan 28, 2020	2020 (Q1)	- / 1.25	1.045	19.43% (+0.20)	―	―
Apr 30, 2020	2020 (Q2)	- / 0.64	0.615	3.74% (+0.02)	―	―
Jul 30, 2020	2020 (Q3)	- / 0.65	0.545	18.35% (+0.10)	―	―
Oct 29, 2020	2020 (Q4)	- / 0.73	0.758	-3.69% (-0.03)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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GB:0R2V Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 30, 2025	$237.50	$238.50	+0.42%
Oct 31, 2024	$227.20	$222.21	-2.20%
Aug 01, 2024	$219.95	$222.45	+1.13%
May 02, 2024	$173.33	$183.79	+6.03%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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