Following information that Apple will probably be pressured to permit exterior buy hyperlinks inside apps and will face prison fees 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 p.c improve 12 months over 12 months and a second-quarter all-time excessive. Quarterly earnings per diluted share are $1.65, up 8 p.c 12 months over 12 months. 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. Nonetheless, the inventory took a tumble in after-hours buying and selling as buyers weighed the present gross sales figures in opposition to the tariff turmoil. CEO Tim Cook dinner made an announcement through 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 p.c 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 p.c improve over the identical quarter a 12 months in the past for a file 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 p.c improve, because of the discharge of the M4 MacBook Air. iPhone gross sales have been up simply 2 p.c 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 conduct 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 development of 8 p.c and $24 billion in working money circulate, permitting us to return $29 billion to shareholders,” stated Kevan Parekh, Apple’s CFO. “And because of our excessive ranges of buyer loyalty and satisfaction, our put in base of energetic 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 Might 16 to shareholders of file on the shut of enterprise on Might 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 in opposition to Apple in a patent lawsuit. Earlier this week, the European Union fined Apple €500M ($570M) for violations of the Digital Markets Act.
