Apple on Thursday registered a 10 per cent year-on-year jump in revenue to $94 billion for the April-June period, with 12.1 per cent growth in earnings per share (EPS). The American tech giant’s stock, however, took mild losses after the earnings announcement, settling 0.7 per cent lower for the day, at $207.57 per share.
Here are 10 key takeaways from the iPhone maker’s latest earnings report:
Record Quarterly Performance: The company staged a record business performance for the quarter, with its EPS growing to $1.57 from $1.4 a year ago.
Double-digit Growth in iPhone: Categories such as iPhone, Mac and Services registered double-digit growth during the quarter, according to the company.
Apple announces dividend per share, payment date a fortnight away
Apple Dividend Per Share: The tech behemoth declared a dividend of $0.26 per equity share, payable on August 14 to eligible shareholders. Apple has set a record date of August 11 for the said payout.
Net Income Up 9.3%: Apple logged $23.4 billion in total net income for the April-June period, as against $21.4 billion a year ago, according to a regulatory filing.
Operating Income: The Mac maker clinched operating income of $28.2 billion, a jump of 11.2 per cent.
Top-line Decoded: Apple’s net sales comprised 8.2 per cent growth in products and a 13.3 per cent increase in services. Product and services sales came in at $66.6 billion and $27.4 billion.
Active Devices at Record High: The tech giant said its installed base of active devices hit an unprecedented level across product categories and geographies, reflecting strong “customer satisfaction and loyalty”.
Geography-wise Revenue Spread: Apple’s sales in Americas grew 9.3 per cent to $41.2 billion. European sales increased 9.7 per cent to $24 billion.
Apple sales at $44.6 billion
Product-wise Sales: iPhone cemented its position as the company’s top-selling product, with sales rising 13.5 per cent to $44.6 billion. Mac sales were next by revenue generated, up 14.8 per cent at $8,046 million. iPad sales dropped 8.1 per cent to $6,581 million, while sales from the ‘wearables, home and accessories’ category declined 8.6 per cent to $7,404 million.
iPhone Sales vs Estimates: iPhone sales beat analysts’ forecasts, foreign media reported. The product contributed 47.4 per cent to the company’s total revenue, versus 45.8 per cent a year ago.
Apple shares
On Thursday, the Apple stock–part of all three main Wall Street indices including the Dow Jones–declined by $1.5 to settle at $207.57 per share, having gyrated in a $207.16-209.84 range around the flatline during the session.
As of date, Apple shares have lost 14.9 per cent of their value in 2025, underperforming a 9.6 per cent rise in the US tech stocks-heavy Nasdaq Composite index.
Apple follows a special financial year that ends in September.
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