Apple Reports $24.8B Profit, Beats Q2 Estimates

Apple reported strong financial results for its second fiscal quarter of 2025, with revenue of $95.4 billion and net profit of $24.8 billion, both surpassing analyst expectations. The company saw double-digit growth in its Services segment and record earnings per share for a March quarter. iPhone sales were particularly robust, generating $46.8 billion and outpacing forecasts, while Mac and iPad revenues also exceeded analyst estimates. In response to ongoing U.S.-China trade tensions and new tariffs, Apple increased production in India to supply the U.S. market and secured exemptions for its main product lines from the steepest tariffs. The board authorized an additional $100 billion for share repurchases and approved an increased dividend, signaling confidence in Apple's future performance. Despite broader market challenges and a year-to-date stock decline, the company remains highly valued and continues to adapt its supply chain strategy to mitigate geopolitical risks.