Apple revenues jump 5% to $95bn in Q2
The tech giant also reported earnings-per-share of $1.65 (£1.24), up 8% YoY
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Apple has seen its revenues increase by 5% YoY to $95.4bn (£71.7bn) during the second quarter ended 29 March 2025.
The tech giant also reported earnings-per-share of $1.65 (£1.24), up 8% YoY. The results exceeded analysts expectations which predicted revenues of $95.3bn (£71.6bn).
During the quarter, sales of iPhones hit $46.8bn (£35.2bn), mac computers reached $7.9bn (£5.9bn) while iPads $6.4bn (£4.8bn).
Tim Cook, Apple’s CEO, said: “Today Apple is reporting strong quarterly results, including double-digit growth in services. 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% over the past decade.”
Kevan Parekh, Apple’s CFO, added: “Our March quarter business performance drove EPS growth of 8 percent and $24bn (£18bn) in operating cash flow, allowing us to return $29bn (£21bn) to shareholders. And thanks to our high levels of customer loyalty and satisfaction, our installed base of active devices once again reached a new all-time high across all product categories and geographic segments.”
Apple’s board of directors also declared a cash dividend of $0.26 per share of the company’s common stock, an increase of 4%. The dividend is payable on 15 May 2025 to shareholders of record as of the close of business on 12 May, 2025.
The board of directors has also authorised an additional program to repurchase up to $100bn (£75bn) of the company’s common stock.
