Apple’s AI Gamble: Out With Giannandrea, In With Subramanya!

Apple Inc.’s recent earnings call for Q4 Fiscal Year 2025 presents a mixed yet enlightening perspective on the company’s performance and outlook. Apple reported revenue of $102.5 billion, marking an 8% increase year-over-year, a record for the September quarter. This growth was significantly driven by the Services segment, which achieved an all-time revenue record of $28.8 billion, up 15% from the previous year. In contrast, the Products segment reported $73.7 billion, mainly supported by strong sales in iPhone and Mac. The iPhone segment alone contributed $49 billion to the quarter’s revenue, a 6% increase despite facing supply constraints on several models. CEO Tim Cook emphasized the robust demand for the new iPhone 17, attributing its success to innovative features and a diverse product lineup that resonates well with consumers globally.