Important details of Apple’s seasonal income session at the beginning of year 2

Yesterday, Apple’s meeting on seasonal income was held at the beginning of the year. At the meeting, it was announced that Apple had revenue $ 1.5 billion and a net profit of $ 1.5 billion. During the meeting, Apple’s CEO Tim Cook talked about tariffs, changes that the App Store store faces, selling products and more.

Below you can find out the most important parts of Tim Cook’s talk at this meeting.

Changes associated with AppStore in the United States

Apple is facing important legal cases these days. These files also include the US App Store, which is ordered by Apple to make changes to the store. Tim Cook was asked about this and how these laws will affect Apple’s service businesses.

He repeated Apple’s only statement to comply with the court without adding anything else, saying the result was unclear so far.

“We strongly oppose the case yesterday. We have obeyed the court order and intend to present the appeal. About the Doj case (a case that accuses Apple that has monopolized the mobile phone market in the United States) that you are looking for, I have to say that it is still going on and I have nothing to add.

We follow this subject closely; But as you mentioned, these cases are very serious and the result is still unclear. “

Tariffs

Tim Cook said that because Apple has been able to optimize the inventory and production chain, tariffs will have a limited effect on the second trimester of the year. Of course, Apple cannot fully calculate these effects because of the possibility of political changes, but if all tariffs remain fixed, it will cost about $ 5 million.

Tim Cook refused to talk about pricing and whether the costs were transferred to consumers.

Investment in the United States

Apple’s CEO said the company will supply glass and Face ID modules from the United States and plans to buy up to 5 billion chips from 6 different states.

Smart Siri Features (Siri)

Tim Cook announced that the process of preparing the personal characteristics of Siri, announced at the WWDC 2024 conference, is progressing. She said. “We are progressing and we are waiting to bring these features to the hands of consumers. “It only takes more than what we imagined.”

Impact of Apple Intelligence (Apple Artificial Intelligence) on iPhone Sales

Apple’s CEO said the company saw the sale of iPhones in areas where Apple’s artificial intelligence was available in the third quarter of the year.

Mac (MAC)

Mac sales revenue, thanks to the release of the new MacBook Air version with the M4 chip as well as Macstudio, increased by 4.9 percent annually. Apple has witnessed the increase in new buyers for its computers, and the Mac buyers have reached the highest level.

IPad

The revenue from the sale of the iPad has also grown in all parts of the world, and this product has seen an annual growth of 4.3. More than half of the people who bought the iPad during this time are those who have first become an Apple tablet customer. Apple has launched the IPad AIR models with M3 and iPad 11 chips in this quarter.

Wearable devices, home appliances and accessories

The revenue from wearable devices (such as smart watches and headsets) observed a 4.9 percent annual decline. This position is due to the comparison of the first quarter of last year when the Apple Vision Pro headset was released at the time.

Services

Apple’s sales revenue reached its highest level in history and saw an annual increase of 4.9 percent and had a strong show in all parts. The Apple TV+ service reached a new record in the number of viewers in this quarter. Apple currently has more than one billion subscribers worldwide.