Apple announced EPS and revenues that th modestly beat expectations:

• Revenue: $95.36 billion

  • vs. estimate: $94.59 billion → BEAT

  • vs. Q2 2024: $90.75 billion → +5.1%

• Earnings Per Share (EPS): $1.65

  • vs. estimate: $1.63 → BEAT

  • vs. Q2 2024: $1.52 → +8.6%

Revenue by Product Segment

• iPhone: $46.84 billion

  • vs. estimate: $46.17 billion → BEAT

  • YoY growth: +2.3%

  • Driven by iPhone 16e demand despite macro headwinds

• Mac: $7.95 billion

  • vs. estimate: $7.92 billion → BEAT

  • YoY growth: +10.4%

  • Boosted by M4 MacBook Air refresh

• iPad: $6.40 billion

  • vs. estimate: $6.07 billion → BEAT

  • YoY growth: +8.5%

  • Supported by new iPad Air and Pro models

• Wearables, Home & Accessories: $7.52 billion

  • vs. estimate: $7.85 billion → MISS

  • YoY decline: −1.8%

  • Soft global demand, especially for accessories

• Services: $26.65 billion

  • vs. estimate: $26.69 billion → MISS (slightly)

  • YoY growth: +17.9%

  • Strength in App Store, iCloud, and subscriptions

Geographic Performance

• Greater China: $16.0 billion

  • vs. estimate: $15.9 billion → BEAT

  • Modest growth despite local competition

Capital Return

• Dividend: Raised by 4% to $0.26/share

• Buyback: New $100 billion share repurchase authorization

Shares of Apple are trading down -2.12% after earnings

This article was written by Greg Michalowski at www.forexlive.com.

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