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Apple Reports Record Q2 Revenue Driven by iPhone and Mac Sales
Apple Reports Record Q2 Revenue Driven by iPhone and Mac Sales
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BTCCSquare news:
Apple Inc. posted $94.04 billion in revenue for its fiscal second quarter, marking a 10% year-over-year increase and its largest quarterly jump since 2021. The results significantly surpassed analyst expectations of $89.53 billion, with earnings per share reaching $1.57 against a projected $1.43.
CEO Tim Cook attributed part of the growth to consumers accelerating purchases ahead of potential tariff hikes, noting that roughly 1% of the revenue surge stemmed from this behavior. The iPhone remained Apple's revenue leader at $44.58 billion—13% higher than 2023's comparable quarter—while Mac sales grew nearly 15% to $8.05 billion.
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