Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Bernie Sanders calls for RFK Jr. to resign...
Top Senate Republican ready to go nuclear, ‘roll...
Altech Batteries LtdCERENERGY Battery 46.7M Euro German Grant...
Altech – CERENERGY Battery 46.7M Euro German Grant...
Locksley Resources LimitedStrengthens Leadership to Accelerate Growth Strategy
Heliostar Presents Second Quarter 2025 Financial Results
Apollo to Proceed with 5-for-1 Share Consolidation
Rhode Island’s ‘Taylor Swift Tax’ on vacation homes...
Former FBI Director Robert Mueller has Parkinson’s disease:...
Earthwise Advertising & Investor Awareness Campaign
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

Apple Beats on Revenue Despite AI Hiccups and iPhone Sales Dip

by admin January 31, 2025
January 31, 2025
Apple Beats on Revenue Despite AI Hiccups and iPhone Sales Dip

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

previous post
CHARBONE Hydrogen Extends Deadline for US$6 Million in Convertible Notes Following US Investors Advanced Discussions
next post
What is Synthetic Graphite?

You may also like

Blue Lagoon Resources to Participate in Canada’s Premier...

May 29, 2025

11 Canadian Crypto ETFs (Updated 2024)

July 22, 2024

Metals Focus: PGMs Deficits Deepen as Supply Tightens...

May 21, 2025

Coeur Mining to Buy SilverCrest Metals for US$1.7...

October 6, 2024

Craig Hemke: Gold’s Fascinating Run, Silver and Mining...

October 8, 2024

Apollo Silver Engages CDMG for Marketing Services

August 18, 2025

New Exceptionally High-Grade Gold Intersections from Infill Drilling...

November 1, 2024

Potash, Oil and Metal Shipments Halted as Canadian...

August 23, 2024

Finlay Minerals Appoints an Executive Chairman, President &...

May 13, 2025

Metals and Mining Virtual Investor Conference: Presentations Now...

May 10, 2025

Recent Posts

  • Bernie Sanders calls for RFK Jr. to resign as HHS secretary over vaccine policies: ‘Rally the American people’
  • Top Senate Republican ready to go nuclear, ‘roll over’ Democrats with rule change to confirm Trump nominees
  • Altech Batteries LtdCERENERGY Battery 46.7M Euro German Grant Approval
  • Altech – CERENERGY Battery 46.7M Euro German Grant Approval
  • Locksley Resources LimitedStrengthens Leadership to Accelerate Growth Strategy

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


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

    Categories

    • Business (903)
    • Investing (2,877)
    • Politics (3,527)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) 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.

    Copyright © 2024 Sightful Invest. All Rights Reserved.