Alibaba will release its fourth quarter 2025 financial report on January 30.
Apple announces Q1 2025 financial report on January 30, 2025. The report will include sales data from October to December, providing insights into the performance of new devices like iPhone 16 and Apple Watch Series 10. Apple's CFO Luca Maestri retires; Kevin Parekh takes over as the new CFO.
Apple announced on Friday that it will release its Q1 2025 financial report on January 30, 2025 (Thursday). The report is expected to provide more detailed information about the sales of the iPhone 16 and Apple Watch Series 10. It also plans to provide some information on sales performance during the holiday period. "Alibaba will report its Q1 2025 earnings by the end of the month." In the fourth quarter of 2024 (July to September), Apple reported revenue of $94.93 billion, a year-over-year increase of 6%. Growth was seen in categories other than Wearables, Home, and Accessories (which include Apple Watch, AirPods, and HomePod). Since the launch of new products, the iPhone 16 and Apple Watch Series 10 in September, only the sales data for the first two weeks of Q4 2024 are included in the report. The Q1 2025 report will include sales data from October to December, providing a clearer overview of the performance of new devices. Apple's Q1 2023 earnings were as follows: - iPhone revenue: $6.97 billion - Service revenue: $2.31 billion - Mac revenue: $778 million - iPad revenue: $702 million - "Revenue from Wearable Devices, Home Appliances, and Accessories: $11.95 billion" Additionally, Apple announced today that Luca Maestri has retired as the company's CFO, and he will lead the Corporate Services team in the future. Apple's new CFO is Kevin Parekh, who has worked for the company for 11 years and previously led financial planning and analysis, G&A and Profitability Finance, Investor Relations, and Market Research. Apple regularly hosts webinars on its official website to discuss performance. This webinar will focus on discussing the results. The webinar will be held at 2 PM PT/5 PM ET, with Apple releasing a complete profit report 30 minutes before the start of the webinar. This will be Kevin Parekh's first CFO webinar. "Also read: - Tim Cook donated $1 million to Trump's inauguration fund - Eddie Cue revealed three reasons why Apple doesn't create its own search engine - 'Apple raised $3 million for World AIDS Day and reached the maximum donation amount.'
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