"Apple reported $111.184 billion in revenue, up 16.6% year over year, with diluted EPS of $2.01 against a $1.94 consensus. That is the eighth consecutive quarter of beating EPS estimates, a streak that only happens when the underlying business is structurally underpromising."
"The board raised the dividend 4% to $0.27 per share and authorized another $100 billion in buybacks. In fiscal 2025 alone, Apple repurchased $90.71 billion of its own stock."
"Every geographic segment grew double digits, including Greater China up 28% in the March quarter and 33% in the first half. Tim Cook called it 'our best March quarter ever', and the segment data backs the framing."
Apple's financial performance continues to impress, with $111.184 billion in revenue and a 16.6% year-over-year increase. The company has consistently beaten EPS estimates for eight quarters. iPhone sales reached a record $56.994 billion, while services generated an all-time high of $30.976 billion. Apple returned over $1 trillion to shareholders, including a recent 4% dividend increase and $100 billion in buybacks. The company's strategy focuses on leveraging its existing devices for AI applications without heavy investments in infrastructure.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]