Company news: Apple’s (AAPL) quarterly results top analysts’ estimates

Apple (AAPL) reported Q2 FY2025 earnings of $1.65 per share (versus $1.53 per share in Q2 FY2024), beating analysts’ consensus estimate of $1.62 per share.

The company’s quarterly revenues amounted to $95.359 bln (+5.1% y/y), beating analysts’ consensus estimate of $94.542 bln.

The company said its board of directors increased the dividend by 4% to $0.26/share and authorised an additional program to repurchase up to $100 billion of the its common stock.

Apple also guided Q3 FY2025 revenues to grow in low to mid single digits y/y versus analysts’ consensus estimate of a 3.6% y/y growth. The company noted its guidance assumes that tariff rates remain unchanged, adding $900 mln to costs in the Q3 quarter.

AAPL fell to $206.85 (-3.03%) in pre-market trading.