Apple Stock Declines as Cook Notes Post-June Tariff Costs Are "Highly Unpredictable"
3 week ago / Read about 0 minute
Author:小编   

On Thursday, Apple unveiled its fiscal second-quarter results for the year 2025, boasting revenues of $95.36 billion and net income of $24.78 billion, both figures surpassing market projections. Nevertheless, the service business revenue of $26.65 billion fell slightly short of expectations. iPhone revenue amounted to $46.84 billion, while revenue in Greater China experienced a 2.3% year-over-year decline. In response, Apple announced an additional $100 billion share repurchase program and an enhancement of its quarterly dividends. However, due to the service business revenue undershooting expectations and the tariff implications, Apple's stock price suffered a drop of up to 4% during after-hours trading.