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Apple Reports Earnings

Last Thursday, May 1, Apple published information about the financial results of its activities in the second fiscal quarter, which ended on March 29, 2025.

Apple Reports Earnings

The revenue of the mentioned technology giant, headquartered in Cupertino, California, for the specified period, was recorded at the $95.4 billion mark. This indicator showed an increase of 5% year-on-year. At the same time, analysts surveyed by LSEG predicted that the company’s revenue for the second fiscal quarter would reach $94.66 billion.

Net sales of iPhones for the three-month period ending March 29 were recorded at the $46.84 billion mark. This indicator showed an increase of slightly less than 2% year-on-year. StreetAccount’s consensus forecast predicted that the company’s smartphone net sales for the mentioned period would reach $45.84 billion.

The technology giant’s revenue from Mac sales for the three-month period ended March 29 was $7.94 billion. This indicator increased by almost 7% year-on-year. StreetAccount’s consensus forecast was for the mentioned reading to reach $7.77 billion over the specified period.

The company’s revenue from iPad sales for the second fiscal quarter was recorded at the $6.4 billion mark. This indicator increased by 15% year-on-year. StreetAccount’s consensus forecast was that the company would earn $6.2 billion from sales of the mentioned devices for the second fiscal quarter.

The technology giant’s Services revenue for the three-month period ended March 29 was $26.64 billion. This indicator increased by 11.65% year-on-year. StreetAccount’s consensus forecast was for the mentioned reading to reach $26.7 billion in the second fiscal quarter.

Apple’s Wearables, Home, and Accessories segment generated revenue of $7.52 billion in the three-month period ended March 29. This figure was $7.91 billion a year earlier. StreetAccount’s consensus forecast predicted that the mentioned reading would reach $7.95 billion over the specified period.

As we have reported earlier, Apple to Source All US-Bound iPhones From India.

Serhii Mikhailov

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Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.