Apple Reports $95.4 Billion Q2 Revenue, Exceeding Expectations

Apple reported strong fiscal second-quarter results, posting $95.4 billion in revenue and earnings per share of $1.65, both surpassing Wall Street expectations. The company's revenue grew 5% year over year, driven by double-digit growth in its Services segment and continued demand for iPhones, Macs, and iPads. CEO Tim Cook highlighted new product launches and significant progress in reducing Apple's carbon emissions by 60% over the past decade. Despite these positive results, Apple did not provide clear guidance on navigating ongoing trade tensions, with most of its manufacturing still based in China and facing potential tariff impacts. The company announced an increased dividend and authorized a $100 billion stock repurchase program. Analysts noted that Apple has now beaten earnings expectations for five consecutive quarters, even as geopolitical risks persist.