Tim Cook CEO of Apple | Apple
Apple has released its financial results for the second quarter of fiscal 2025, ending March 29. The company reported a quarterly revenue of $95.4 billion, marking a 5 percent increase from the previous year. Quarterly diluted earnings per share rose by 8 percent to $1.65.
"Today Apple is reporting strong quarterly results, including double-digit growth in Services," said Tim Cook, Apple's CEO. Cook also highlighted the addition of the iPhone 16e and new Mac and iPad models, emphasizing the advancements made with Apple silicon and the significant reduction of carbon emissions by 60 percent over ten years.
Kevan Parekh, Apple's CFO, commented on the financial performance, noting an 8 percent growth in EPS and $24 billion in operating cash flow. "Our March quarter business performance drove EPS growth of 8 percent and $24 billion in operating cash flow, allowing us to return $29 billion to shareholders," he said. He also mentioned the high levels of customer satisfaction and loyalty leading to a new record for the installed base of active devices across all categories and regions.
Apple's board has approved a cash dividend of $0.26 per common stock share, an increase of 4 percent, payable on May 15, 2025, to shareholders recorded by May 12, 2025. Additionally, the board has authorized a new stock repurchase program of up to $100 billion.
The company's Q2 2025 financial results conference call will be streamed live at 2:00 p.m. PT on May 1, 2025, at apple.com/investor/earnings-call. The webcast replay will be accessible for approximately two weeks after the call ends.