Apple posted stronger-than-expected financial results for its fiscal Q2 2025, reporting $95.4 billion US in revenue, a 5% increase year-over-year.
The Q2 earnings announced this afternoon saw quarterly net income of $24.8 billion, with diluted earnings per share of $1.65, up 8% compared to the same quarter last year.
While revenue from iPhone sales dipped to $46.8 billion (down from $51.3 billion from a year ago; 10% decline), Apple saw notable gains in other product categories:
The wearables, home and accessories category saw $8.7 billion in revenue, down 3%.
“Today Apple is reporting strong quarterly results, including double-digit growth in Services,” said Tim Cook, Apple’s CEO. “We were happy to welcome iPhone 16e to our lineup, and to introduce powerful new Macs and iPads that take advantage of the extraordinary capabilities of Apple silicon. And we were proud to announce that we’ve cut our carbon emissions by 60 percent over the past decade.”
Apple’s installed base of active devices reached an all-time high (they didn’t share the number), thanks to strong customer loyalty and global demand across product lines.
The company also returned $29 billion to shareholders in the quarter and announced a 4% increase in its dividend, now at $0.26 per share, payable May 15. Additionally, the board authorized a new $100 billion stock buyback program.
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That's hilarious. A caption from Investing dot com says the opposite.