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Last quarter before Trump tariffs sees Apple beat Wall Street with $95.4 billion earnings

Thursday May 1, 2025. 10:52 PM , from AppleInsider
Last quarter before Trump tariffs sees Apple beat Wall Street with $95.4 billion earnings
Apple has reported the fiscal results for the second quarter of 2025, with the financials revealing Apple may have benefited a little but perhaps not as much as expected from consumer tariff fears, earning $95.4 billion in the quarter.Apple CEO Tim Cook [left], CFO Kevan Parekh [right]Following the blockbuster Q1 quarter and the benefits of holiday sales to Apple's bottom line, Q2 is usually a fair bit lower in comparison. However, at Apple's scale, the figures are still very important to the company.In the second quarter, Apple's revenue of $95.4 billion is up 5% year-on-year from the $90.75 billion reported in Q2 2024. This is also above the Wall Street Consensus, which believed Apple would haul in $94.42 billion as an average. Continue Reading on AppleInsider | Discuss on our Forums
https://appleinsider.com/articles/25/05/01/trump-tariff-fears-drove-apple-to-wall-street-beating-954...

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