PRESS RELEASE
02 May 2025
Apple reports second quarter results
Services revenue reaches new all-time high
EPS sets March quarter record
EPS sets March quarter record
CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2025 second quarter ended 29 March 2025. The Company posted quarterly revenue of US$95.4 billion, up 5 per cent year over year, and quarterly diluted earnings per share of US$1.65, up 8 per cent year over year.
“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 line-up, 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 per cent over the past decade.”
“Our March quarter business performance drove EPS growth of 8 per cent and US$24 billion in operating cash flow, allowing us to return US$29 billion to shareholders,” said Kevan Parekh, Apple’s CFO. “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 has declared a cash dividend of US$0.26 per share of the Company’s common stock, an increase of 4 per cent. The dividend is payable on 15 May 2025 PT to shareholders of record as of the close of business on 12 May 2025 PT. The board of directors has also authorised an additional program to repurchase up to US$100 billion of the Company’s common stock.
Apple will provide live streaming of its Q2 2025 financial results conference call beginning at 2:00 pm PT on 1 May 2025 at apple.com/investor/earnings-call. The webcast will be available for replay for approximately two weeks thereafter.
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