Apple has reported its second-quarter financial results, with revenue reaching a new all-time high at $95.4 billion. The company’s services segment saw double-digit growth, contributing to the overall increase in revenue. In terms of earnings per share (EPS), Apple set a record for the March quarter, growing 8% year over year.
According to CEO Tim Cook, the company’s strong performance is driven by its new product releases, including the iPhone 16e and powerful Macs and iPads. Additionally, Apple has made significant strides in reducing carbon emissions by 60% over the past decade.
The company’s CFO, Kevan Parekh, reported $24 billion in operating cash flow, allowing for a return of $29 billion to shareholders. This growth is attributed to high customer loyalty and satisfaction, as well as a strong installed base of active devices across all product categories and geographic segments.
To further reward shareholders, Apple’s board of directors has declared a 4% increase in the cash dividend, making it payable on May 15, 2025. The company has also authorized an additional program to repurchase up to $100 billion of its common stock.
Apple will be hosting a live streaming conference call for investors and media, starting at 2:00 p.m. PT on May 1, 2025.
Source: https://www.apple.com/newsroom/2025/05/apple-reports-second-quarter-results