Financial analysts predict Apple revenue increased 4% during the all-important 2024 holiday quarter versus the same period of the previous year. Wall Street also expects a jump in Apple’s earnings per share. We’ll find out whether the iPhone maker met these expectations when Apple reveals its Q1 2025 financial results after the U.S. markets close Thursday afternoon.
Looking ahead to Apple Q1 2025 earnings call
The iPhone generates more than half of Apple’s revenue, so how well the company did in the October-through-December period will depend on the strength of iPhone 16 series sales after the handsets’ launch in September.
But that won’t be the only factor. Multiple new Macs hit store shelves in the December quarter, including the first MacBook Pro model with Apple’s M4 processor. This also could play a significant role in Apple’s revenue growth.
An average of Wall Street analysts’ predictions pegs Apple’s revenue in the last three months of 2024 to hit $124 billion, up 4% from the $119.6 billion the tech giant took in during the same quarter at the end of 2023, according to figures compiled by Yahoo Finance. And the average EPS estimate stands at $2.34, up year-over-year from $2.18.
Effects on AAPL share price
Investors, by and large, are a fickle bunch. If Apple’s actual financial results don’t live up to Wall Street’s expectations, the value of AAPL shares could drop. That’s even if the company brings in more revenue and higher earnings per share than it did at the end of 2023.
That said, Apple’s share price experienced plenty of growth over the past year, and a decrease Friday would put little pressure on company executives.
AAPL currently trades at about $238, an 8% drop from its 2024 high of $258. On the other hand, Apple shares were way down at $165 in April of 2024, so they’ve gone up 44% since then.
What to expect in the Apple Q1 2025 earnings call
Apple will announce its earnings results for its Q1 2025 quarter Thursday at 1:30 p.m. Pacific. An earnings call with investors will begin at 2 p.m. Pacific.
Expect Apple CEO Tim Cook to take the lead, along with new CFO Kevan Parekh. Former CFO Luca Maestri stepped down on January 1, 2025.
They’ll face questions from analysts, who’ll surely try to get the company to disclose its plans for artificial intelligence, how well the iPhone is selling in China, and other topics. A highlight should be a statement from the CFO laying out how well Apple’s current financial quarter is going, and whether the company’s management expects revenue growth.
Be sure to read our beginners’ guide to financial lingo to be ready for the call.
Ed Hardy has been writing full-time about tech for 25 years, and using it for much longer than that. His intro to Apple was a Macintosh Classic II (which he still has), but now he uses a 13-inch iPad Pro as his primary computer. He’s written for NotebookReview, TabletPCReview, and Brighthand, as well as other sites.
