Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Investing

Apple Beats on Revenue Despite AI Hiccups and iPhone Sales Dip

by Invest Daily Pro
January 31, 2025
in Investing
0
Apple Beats on Revenue Despite AI Hiccups and iPhone Sales Dip
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

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

ShareTweetPin

Related Posts

Crypto Market Recap: SEC Issues Crypto ETF Guidance, Bit Digital Pivots to Ethereum
Investing

Crypto Market Recap: SEC Issues Crypto ETF Guidance, Bit Digital Pivots to Ethereum

July 8, 2025
Top 5 Junior Gold Mining Stocks on the TSXV in 2025
Investing

Top 5 Junior Gold Mining Stocks on the TSXV in 2025

July 8, 2025
Questcorp Mining Continues Exploration in Advance of Drilling at the La Union Gold & Silver Project in Mexico
Investing

Questcorp Mining Continues Exploration in Advance of Drilling at the La Union Gold & Silver Project in Mexico

July 7, 2025
Tech 5: US Lifts EDA Restrictions for China, Apple Explores Third Party AI for Siri
Investing

Tech 5: US Lifts EDA Restrictions for China, Apple Explores Third Party AI for Siri

July 6, 2025
Stallion Uranium to Resume Trading on the TSX-V and Enters into Agreement to Sell Shares of 1503571 B.C. LTD.
Investing

Stallion Uranium to Resume Trading on the TSX-V and Enters into Agreement to Sell Shares of 1503571 B.C. LTD.

July 5, 2025
Top 5 Canadian Mining Stocks This Week: Mkango Gains 90 Percent on Spin-out News
Investing

Top 5 Canadian Mining Stocks This Week: Mkango Gains 90 Percent on Spin-out News

July 5, 2025
Next Post
December Quarterly Appendix 4C

December Quarterly Appendix 4C

Recommended

Increased Youth Involvement Necessary for Improved Health

Increased Youth Involvement Necessary for Improved Health

October 15, 2024
How Small Businesses Can Benefit from Accepting Cryptocurrency Payments

How Small Businesses Can Benefit from Accepting Cryptocurrency Payments

October 28, 2024
UN pushes teen pregnancy bill

UN pushes teen pregnancy bill

August 13, 2024
PLDT, Smart to power 24 facilities with renewables

PLDT, Smart to power 24 facilities with renewables

September 22, 2024
Stocks rebound on hopes of September Fed cut

Stocks rebound on hopes of September Fed cut

August 22, 2024
Lobby group urges Rachel Reeves to rethink non-dom tax hike to prevent exodus of wealthy residents

Lobby group urges Rachel Reeves to rethink non-dom tax hike to prevent exodus of wealthy residents

October 13, 2024

    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.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2025 investdailypro.com | All Rights Reserved