Q1 2025 Earnings Call Transcript January 30, 2025 Suhasini Chandramouli: Good afternoon, and welcome to the Apple Q1 Fiscal Year 2025 Earnings Conference Call. My name is Suhasini Chandramouli, Director of Investor Relations.

Apple confirmed the buybacks on the final page of its Q1 2025 earnings report. The $23.6 billion spent on share repurchases is consistent with recent trends at the company. Last year, Apple reported $69 billion spent on buybacks during a nine-month period.

Phone and iPad maker Apple (NASDAQ:AAPL) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 4% year on year to $124.3 billion. Its GAAP profit of $2.40 per share was 2.5% above analysts’ consensus estimates.