SAN FRANCISCO, May 1 (Xinhua) -- Apple on Thursday announced financial results for its fiscal 2025 second quarter ending March 29, with a quarterly revenue of 95.36 billion U.S. dollars, up 8 percent year over year.
The company posted its quarterly earnings per diluted share of 1.65 dollars, 12 cents higher year over year.
Its net income for the quarter increased to 24.78 billion dollars from 23.64 billion dollars a year ago.
The company's service sales rose to 26.63 billion dollars from 23.87 billion dollars year on year, and its sales of iPhone increased to 46.84 billion dollars from 45.96 billion dollars a year ago.
Its sales of Wearables, Home and Accessories products dropped slightly to 7.52 billion dollars from 7.91 billion dollars a year ago.
Apple's net sales in the Greater China region decreased to 16.00 billion dollars from 16.37 billion dollars a year ago, according to Apple's financial statement.
"Today Apple is reporting strong quarterly results, including double-digit growth in Services," said Tim Cook, Apple's CEO. "We were happy to welcome iPhone 16e to our lineup, and to introduce powerful new Macs and iPads that take advantage of the extraordinary capabilities of Apple silicon."
Apple's board of directors has declared a cash dividend of 0.26 dollars per share of the company's common stock, an increase of 4 percent. The dividend is payable on May 15, 2025, to shareholders of record as of the close of business on May 12, 2025.
The board of directors has also authorized an additional program to repurchase up to 100 billion dollars of the company's common stock.
