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πŸ“Š PRO: This Week in Visuals
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πŸ“Š PRO: This Week in Visuals

AAPL, META, TSLA, V, MA, LVMH, SAP, ABBV, ASML, TMUS, NOW, IBM, T, CMCSA, SNY, BA, UPS, SBUX, LMT, LRCX, KLAC, INTC, TEAM, GM, LUV, APPF

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App Economy Insights
Feb 01, 2025
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πŸ“Š PRO: This Week in Visuals
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Welcome to the Saturday PRO edition of How They Make Money.

Over 180,000 subscribers turn to us for business and investment insights.

In case you missed it:

  • 🏦 SoFi: Full-Stack Fintech

  • πŸ’» Microsoft: AI Efficiency Paradox


Our PRO coverage includes timely updates on the recent big earnings.

  • πŸ“§ Free subscribers get our Friday articles and sneak peeks.

  • πŸ’Œ Premium subscribers get:

    • Tuesday articles.

    • Access to our archive.

    • Monthly reports with 200+ companies covered.

  • πŸ’Ό PRO members get all of the above, plus our Saturday coverage.


Today at a glance:

  1. πŸ“±Apple: Services Shine, China Lags

  2. ♾️ Meta: AI Infrastructure Push

  3. πŸš– Tesla: Beyond the Slowdown

  4. πŸ’³ Visa: Cross-Border Strength

  5. πŸ’³ Mastercard: Travel Boost

  6. πŸ‘œ LVMH: Mixed Luxury Signals

  7. ☁️ SAP: AI-Powered Cloud Surge

  8. πŸ’Š Abbvie: Immunology Drives Growth

  9. πŸ”¬ ASML: Bookings Rebound

  10. πŸ“Ά T-Mobile US: Brighter Outlook

  11. πŸ§‘β€πŸ’» ServiceNow: AI Adoption Soars

  12. 🌐 IBM: AI Bookings Rise

  13. πŸ“ž AT&T: Fiber Growth

  14. 🦚 Comcast: Broadband Pressure

  15. πŸ‡«πŸ‡· Sanofi: Buyback and Pipeline Focus

  16. πŸ›©οΈ Boeing: Turnaround Hopes

  17. πŸ“¦ UPS: Amazon Cut and Cost Focus

  18. β˜•οΈ Starbucks: Slow Turnaround

  19. πŸ›°οΈ Lockheed Martin: Classified Setbacks

  20. 🧠 Lam Research: China Concerns Remain

  21. πŸ”¬ KLA: Advanced Packaging Boom

  22. πŸ§‘β€πŸ’» Intel: Turnaround Stalls

  23. ☁️ Atlassian: Enterprise & AI Growth

  24. πŸš— General Motors: Profit Hit, EV Gains

  25. πŸ›©οΈ Southwest: Cost Pressures Loom

  26. 🏑 Appfolio: AI Momentum


1. πŸ“±Apple: Services Shine, China Lags

Apple posted record Q1 FY25 revenue, up 4% Y/Y to $124.3 billion ($270 million beat), with EPS rising 10% Y/Y $2.40 ($0.06 beat). The Services segment surged 14% to $26.3 billion, driving gross margin to 47%. While iPhone revenue dipped 1% to $69.1 billion and missed expectations, Mac (+16%) and iPad (+15%) outperformed. China sales fell 11% Y/Y due to inventory adjustments and competitive pressure.

Looking ahead, Apple guided for low- to mid-single-digit revenue growth in Q2 (despite 2.5% fx headwinds). CEO Tim Cook cited stronger iPhone 16 sales in markets where Apple Intelligence was available and teased an April expansion to new languages and regions. While concerns remain around China demand and delayed AI feature rollouts, Apple is riding on its ecosystem strength and growing paid subscriptions (1 billion+) to maintain momentum.


2. ♾️ Meta: AI Infrastructure Push

Meta’s revenue grew 21% Y/Y to $48.4 billion ($1.4 billion beat) and EPS surged 50% Y/Y to $8.02 ($1.26 beat), driven by higher ad prices (+14%) and increased engagement (+6% ad impressions). The Reality Labs segment posted a $5 billion loss (its worst yet), reflecting ongoing metaverse and AR/VR investments. Despite these gains, Q1 guidance of $39.5–$41.8 billion fell $1.0 billion short of expectations, raising concerns about a potential growth slowdown. Meta’s 2025 capital expenditure forecast of $60–$65 billionβ€”a 70% increase Y/Yβ€”signals a major AI infrastructure push, with CEO Mark Zuckerberg reaffirming AI as Meta’s top priority.

Zuck expects Meta AI to become the world's most-used AI assistant, reaching over 1 billion people this year. The company is also developing an AI engineer with mid-level coding skills, which he called a potential β€œprofound milestone.” Investors remain split on whether Meta’s heavy AI spending will pay off, especially after China’s DeepSeek AI breakthrough raised questions about cost efficiency. Meanwhile, Meta continues shifting its political positioning, aligning itself with the new administration, revising content policies, and scaling back DEI efforts. Despite short-term guidance concerns, AI, ad growth, and platform engagement continue to fuel investor optimism.


3. πŸš– Tesla: Beyond the Slowdown

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