Tim Cook traditionally reported to investors about Apple's earnings at the end of the second fiscal quarter of 2025. Despite all the current difficulties, the company managed to exceed expectations. This is reported by 9to5Mac.
Thus, the second quarter brought the company revenue of $95.4 billion, while the same period last year ended with $90.75. At the same time, profit from revenue amounted to $24.78 billion.
In more detail, it is noted that the share of iPhone smartphones in the total figure is $46.84 billion, Mac brought in $7.95 billion, iPad - $6.4 billion, wearable and home gadgets, as well as accessories - $6.4 billion, and services - $26.64.
“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 percent over the past decade,” said Apple CEO Tim Cook.
Wall Street also expected Apple to finish Q2 with lower revenue of $94.68 billion. Investors expected $1.63 profit per share, while it came in at $1.65.
At the same time, Tim Cook predicted that additional costs due to the new tariffs will cost Apple $900 million in the third quarter.