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Apple’s Upcoming Earnings Call on January 30, 2025
On Thursday, January 30, as per the information available on Apple’s Investor Relations page, the tech giant will conduct its first earnings conference call of the 2025 fiscal year.
Key Insights from Leadership
During this call, Apple’s CEO Tim Cook and newly appointed Chief Financial Officer Kevan Parekh will share insights regarding Apple’s performance during the crucial holiday quarter from October to December in 2024. Notably, this will be Cook’s initial earnings discussion following former CFO Luca Maestri’s shift to Vice President of Corporate Services.
A Look Back at Product Performances
The fourth quarter of 2024 saw Apple roll out several new products such as updated versions of the iPad mini, Mac mini, MacBook Pro, and iMac. The upcoming call will provide an opportunity to evaluate how these devices fared in terms of sales during one of their busiest retail periods.
Financial Overview: Q1 2024 Results
In its first quarter financial report for 2024, Apple announced a staggering revenue figure of $119.6 billion alongside a quarterly net profit reaching $33.9 billion. During recent announcements, the company projected modest revenue growth in the range of low to mid-single digits year-over-year.
Tentative Schedule for Earnings Release
The earnings conversation is scheduled for precisely at 2:00 PM Pacific Time on January 30—shortly after Apple’s Q1 results are released.
Trending Topics Surrounding Apple Products
Driver’s Licenses Integration:
Residents in select U.S. states can conveniently store their driver’s license or state identification within their iPhone or Apple Watch Wallet app for quick access as proof of identity at certain airports and businesses. This feature is gradually being introduced across more states with more coming soon including territories planning similar rollouts.
Status Update on Vision Pro:
It appears that production for Apple’s inaugural Vision Pro headset may have been halted due to decreased demand reports earlier this year and subsequent production cutbacks. Reports indicated by The Information suggest that manufacturing could cease altogether by late calendar year 2024 amidst declining interest.
Rumored New MacBook Air Models:
Anticipation is building around potential announcements regarding refreshed versions of both the 13-inch and 15-inch MacBook Air models featuring Apple’s latest M4 chip in early-stage plans for product launches within this new fiscal period!
A Shift from Hardware Launches:
After an impressive streak spanning over a decade marked by innovative hardware releases—from the original iPad launch back in May ’10 up until last year’s Vision Pro premiere—Apple diverged significantly last season by refraining from any major all-new hardware introductions while instead enhancing existing product lines throughout its portfolio! It remains highly discussed what comes next!
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The post Mark Your Calendars: Apple’s Q1 2025 Earnings Call Set for January 30! first appeared on Tech News.
Author : Tech-News Team
Publish date : 2025-01-04 02:31:52
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