Apple has announced financial results for its fiscal 2025 second quarter that ended March 29. The company posted quarterly revenue of $95.4 billion, up 5% year-over-year, and quarterly diluted earnings per share of $1.65, up 8% year-over-year.
Net sales by category for the quarter were: iPhone, $47 billion (compared to $46 billion in the year-ago period); Mac, $8 billion (compared to $7.5 billion in the year-ago period); iPad, $6.4 billion (compared to $5.6 billion in the year-ago quarter); Wearables, Home, and Accessories, $7.5 billion (compared to $7.9 billion in the year-ago period), and Services, $27 billion (compared to $24 billion in the year-ago period).
In other words, iPad revenue was up 15.2% year-over-year while Services revenue was up 11.6%, Mac revenue was up 6.7%, and iPhone revenue was up 1.9%. Wearables, Home, and Accessories was the only product category to see a year-over-year revenue decline, dropping 4.9%
“Today Apple is reporting strong quarterly results, including double-digit growth in Services,” Apple CEO Tim Cook said in a press release. “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% over the past decade.”
“Our March quarter business performance drove EPS growth of 8% and $24 billion in operating cash flow, allowing us to return $29 billion to shareholders,” added Chief Financial Officer Kevan Parekh. “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 $0.26 per share of the company’s common stock, an increase of 4%t. The dividend is payable on May 15, 2025 to shareholders of record as of the close of business on May 12, 2025. The board of directors has also authorized an additional program to repurchase up to US$100 billion of the company’s common stock.
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