Apple reports Q2 revenue up 17% YoY to $111.18B, vs. $109.66B est., net income up 19% to $29.6B, and EPS up 22% to $2.01, above $1.95 est. (Apple)
Apple reported its second-quarter financial results, showing revenue growth of 17% year-over-year to $111.18 billion, surpassing analyst estimates of $109.66 billion. The company's net income rose 19% to $29.6 billion, while earnings per share increased 22% to $2.01, exceeding the estimated $1.95. The results reflect strong performance across key product lines and services despite broader market challenges.
- ▪Apple's Q2 revenue reached $111.18 billion, a 17% increase compared to the same quarter last year.
- ▪Net income for the quarter was $29.6 billion, up 19% year-over-year.
- ▪Earnings per share came in at $2.01, surpassing the estimated $1.95.
- ▪Revenue and EPS both exceeded Wall Street expectations for the quarter.
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