Following news that Apple will be forced to allow external purchase links inside apps and could face criminal charges over its battle with Epic Games, the company announced some good news on Thursday. In the second quarter 2025, Apple posted revenue of $95.4 billion, a 5 percent increase year over year and its second-best March quarter behind 2022’s $97.3 billion. Quarterly earnings per diluted share were $1.65, up 8 percent year over year and a second-quarter record. The company reported $24.8 billion in profit.
Apple beat the analysts’ predicted revenue of $94.68 billion and $1.63 diluted earnings per share. However, the stock took a tumble in Friday trading as investors weighed the current sales figures against the tariff turmoil. CEO Tim Cook made a statement during the Apple earnings call that the company expects an estimated charge of $900 million due to the tariffs next quarter, but he noted the situation is volatile and likely to change.
Read more at Macworld.com