Apple is richer than ever thanks to high margins—and its new CFO intends to keep it that way
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Services buoy slumping iPhone sales in record-breaking holiday quarter earnings
Apple has reported its financial results for the first quarter of 2025, with the holiday sales boosting revenue to a record ...
AOL29d
Apple’s new chief financial officer will use the same ‘CFO playbook’ say top analysts—and that’s good news for investors
The tech giant, which previously announced that its longtime CFO Luca Maestri would take on a new role, released a Form 8-K on Friday, making the transition official. Parekh joined the company in ...
What to expect from Apple's Q1 2025 earnings
Apple will be announcing the first-quarter results for 2025 on January 30. Here's what to expect from what should be a ...
Benzinga.com20d
Apple CFO Denies Claims Of 75% Profit Margins On App Store: 'I Wouldn't Say They're Accurate'
What Happened: Parekh, who succeeded Luca Maestri as CFO, was the first high-ranking executive from a major tech company to testify in the U.K. class action antitrust trial. Michael Armitage ...
Deadline.com26d
Apple CEO Tim Cook’s Pay Rises 18%; Company Says It Opposes Shareholder Proposal To End DEI Policy
Luca Maestri, who recently stepped down as CFO, collected $27.2 million in 2024, roughly in line with his pay in 2022 and 2023. Kate Adams, SVP, General Counsel and Secretary; Deirdre O’Brien ...
Tidbits5d
Despite iPhone Decline, Apple’s Q1 2025 Sets Revenue Records
Apple again set revenue records in its first-quarter fiscal results, with Services posting the largest increases once more.
Apple profits top estimates even as competition dents China iPhone sales
iPhone sales of $69.1 billion were, however, down slightly and below forecasts of about $71 billion. Revenue for the China ...