Popular
Applying Dow Theory to Today’s Market: Are We...
SPY and QQQ Recapture their 200-day SMAs –...
The Stock Market’s Comeback: Key Takeaways for Investors
S&P 500 Now in Weakest Seasonal Period…Or Is...
Emerging Stocks to Watch – Breakouts, Momentum &...
India’s caste system is controversial and discriminatory. So...
Russia sentences Australian man to 13 years in...
Supporters of Bolivia’s ex-leader Morales clash with police...
UK police charge three Iranian nationals with national...
Russian attack on bus in Sumy region kills...
Applying Dow Theory to Today’s Market: Are We...
SPY and QQQ Recapture their 200-day SMAs –...
The Stock Market’s Comeback: Key Takeaways for Investors
S&P 500 Now in Weakest Seasonal Period…Or Is...
Emerging Stocks to Watch – Breakouts, Momentum &...
India’s caste system is controversial and discriminatory. So...
Russia sentences Australian man to 13 years in...
Supporters of Bolivia’s ex-leader Morales clash with police...
UK police charge three Iranian nationals with national...
Russian attack on bus in Sumy region kills...
  • Home
HotInvestingPilots.com
  • Politics
  • World News
  • Stock
  • Investing
Investing

Apple Beats on Revenue Despite AI Hiccups and iPhone Sales Dip

by January 31, 2025
written by January 31, 2025

Tech giant Apple (NASDAQ:AAPL) released results for its first fiscal quarter of 2025 on Thursday (January 30), revealing a mixed performance marked by slight revenue beats and iPhone sales dips.

Revenue came to US$124.3 billion, a 4 percent annual rise, narrowly surpassing analysts’ estimates of US$124.12 billion. Earnings per share hit US$2.40, up 10 percent from the previous year and above projections of US$2.35.

iPhone sales reached US$69.1 billion, a slight decrease from the previous year and short of the estimated US$70 billion.

AI challenges, iPhone sales weigh on Apple

Apple’s trading patterns have been turbulent, mirroring the broader trend in the tech sector.

Shares pulled back earlier this month after the company receiving ratings downgrades from Jefferies and Oppenheimer, but fared fairly well on Monday (January 27), when the DeepSeek selloff affected markets.

Apple is up about 6 percent for the week, while its peer NVIDIA (NASDAQ:NVDA) is recovering from heavy losses.

“Apple obviously is taking a little bit more of an asset-light approach to artificial intelligence (AI), so they are not spending the capex and building the AI infrastructure like some of the other large internet companies are,” Barclays (NYSE:BCS,LSE:BARC) Managing Director Tim Long told CNBC’s Squawk Box.

Long added that Barclays analysts anticipated a “little bit of a reboot in strategy over the next year for AI offerings,” noting Apple Intelligence’s lack of success since its debut in June 2024.

Apple’s failure to impress users with its AI is coinciding with increased competition, particularly in China, where local brands are leveraging the company’s delayed AI rollout to gain market share, integrating AI into their newer models.

A January 13 report from Counterpoint Research shows that Chinese smartphone brands gained market share in 2024, while Apple’s iPhone 16 sales were mixed due to the lack of Apple Intelligence at launch.

The company has also been unable to lift a ban on the iPhone 16 in Indonesia, although Bloomberg reported last week that the company may be close to a deal to resolve the issue. Looking ahead, Apple plans to continue its global rollout of Apple Intelligence and expects revenue to grow in the low to mid-single digits in Q1.

Apple’s share price closed Thursday around 0.4 percent below its opening price, dropping off in the final hour of trading. After an initial fall after hours, Apple was up nearly 3.5 percent at the time of this writing.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0 comment
0
FacebookTwitterPinterestEmail

previous post
Charbone Hydrogene prolonge le delai pour les billets convertibles de 6 M $US a la suite de pourparlers avancees avec des investisseurs americains
next post
December Quarterly Appendix 4C

Related Articles

Westport Publishes Annual General and Special Meeting Results

May 16, 2025

Manindi Ti-V-Fe Discovery Delivers High-Grade Concentrates

May 16, 2025

Trump Admin Fast Tracks Anfield’s Velvet-Wood Uranium Project...

May 16, 2025

Crypto Market Recap: Coinbase to Join S&P 500,...

May 16, 2025

SAGA Metals Appoints Vernon Shein, Former Exploration Manager...

May 15, 2025

Allied Critical Metals Announces Corporate Update

May 17, 2025

Top 5 Canadian Mining Stocks This Week: Foremost...

May 17, 2025

S&P Global: Mining Sector Sees Mixed Q1, Next...

May 17, 2025

Coinbase Backs QCAD Stablecoin to Power Canadian Crypto...

May 17, 2025

Crypto Market Recap: Coinbase Hit by US$400 Million...

May 17, 2025

Westport Publishes Annual General and Special Meeting Results

May 16, 2025

Manindi Ti-V-Fe Discovery Delivers High-Grade Concentrates

May 16, 2025

Trump Admin Fast Tracks Anfield’s Velvet-Wood Uranium Project...

May 16, 2025

Crypto Market Recap: Coinbase to Join S&P 500,...

May 16, 2025

SAGA Metals Appoints Vernon Shein, Former Exploration Manager...

May 15, 2025

Allied Critical Metals Announces Corporate Update

May 17, 2025

Top 5 Canadian Mining Stocks This Week: Foremost...

May 17, 2025

S&P Global: Mining Sector Sees Mixed Q1, Next...

May 17, 2025

Coinbase Backs QCAD Stablecoin to Power Canadian Crypto...

May 17, 2025

Crypto Market Recap: Coinbase Hit by US$400 Million...

May 17, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • India’s caste system is controversial and discriminatory. So why is it being included in the next census?

    May 17, 2025
  • Russia sentences Australian man to 13 years in prison for fighting for Ukraine

    May 17, 2025
  • Supporters of Bolivia’s ex-leader Morales clash with police in push to secure his candidacy

    May 17, 2025
  • UK police charge three Iranian nationals with national security offenses in counter-terror probe

    May 17, 2025
  • Russian attack on bus in Sumy region kills nine, Ukraine says, hours after peace talks

    May 17, 2025
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 hotinvestingpilots.com | All Rights Reserved

HotInvestingPilots.com
  • Politics
  • World News
  • Stock
  • Investing