The company has heavily advertised AI features since the latest iPhones were released in September.

Investment firm Oppenheimer has downgraded tech giant Apple (AAPL) stock from Buy to Hold due to reduced estimates for iPhone sales over the

Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling a sluggish start to the trendsetting company’s effort to catch up to the rest of Big Tech in the race to bring artificial intelligence to the masses.

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.

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 Inc. reported its first-quarter earnings for fiscal year 2025, surpassing Wall Street's expectations for earnings per share (EPS) but slightly missing on revenue forecasts. The company's stock saw a positive reaction in aftermarket trading.