Following information that Apple will probably be pressured to permit exterior buy hyperlinks inside apps and will face legal prices over its battle with Epic Video games, the corporate introduced some excellent news on Thursday. Within the second quarter 2025, Apple posted income of $95.4 billion, a 5 % improve yr over yr and a second-quarter all-time excessive. Quarterly earnings per diluted share are $1.65, up 8 % yr over yr. The corporate reported $24.8 billion in revenue.
Apple beat the analysts’ predicted income of $94.68 billion anticipated, and $1.63 diluted earnings per share. Nevertheless, the inventory took a tumble in after-hours buying and selling as traders weighed the present gross sales figures towards the tariff turmoil. CEO Tim Cook dinner made an announcement throughout the Apple earnings name that the corporate expects an estimated cost of $900 million as a result of tariffs subsequent quarter, assuming that the tariffs don’t change.
The iPad led the cost this quarter with a 16 % improve year-over-year. Apple launched the M3 iPad Air and the Eleventh-generation iPad in March, giving its gross sales numbers a lift. Providers additionally had a double-digit quarter, posting an 11 % improve over the identical quarter a yr in the past for a report excessive. This quarter noticed the discharge of the much-anticipated second season of Severance on Apple TV+, which can have positively affected Apple’s Providers division. The Mac noticed a 6 % improve, because of the discharge of the M4 MacBook Air. iPhone gross sales had been up simply 2 % in 1 / 4 that noticed the discharge of the iPhone 16e. Wearables gross sales noticed a small dip. Cook dinner said that Apple doesn’t imagine that the specter of tariffs influenced purchaser habits for this previous quarter.
How the quarter ended year-over-year for Apple:
- iPhone: $47 billion (up from $46 billion)
- iPad: $6.4 billion (up from $5.6 billion)
- Mac: $8 billion (up from $7.5 billion)
- Wearables: $7.5 billion (down from $7.9 billion)
- Providers: $27 billion (up from $24 billion)
“Our March quarter enterprise efficiency drove EPS progress of 8 % and $24 billion in working money movement, permitting us to return $29 billion to shareholders,” stated Kevan Parekh, Apple’s CFO. “And due to our excessive ranges of buyer loyalty and satisfaction, our put in base of lively gadgets as soon as once more reached a brand new all-time excessive throughout all product classes and geographic segments.”
Apple declared a money dividend of $0.26 per share of widespread inventory payable on Could 16 to shareholders of report on the shut of enterprise on Could 12, 2025.
The earnings name comes hours after a U.S. courtroom orders Apple to permit exterior buy hyperlinks in apps and a U.Ok. courtroom dominated towards Apple in a patent lawsuit. Earlier this week, the European Union fined Apple €500M ($570M) for violations of the Digital Markets Act.