Apple revenue climbs to $95.4 billion as supply chain shifts continue

Bottom line: As Apple contends with shifting trade policies and a changing global manufacturing landscape, its ability to adapt its supply chain and maintain robust financial performance will remain under close scrutiny from investors and analysts. Meanwhile, consistent with its practice over the past five years, Apple declined to issue formal guidance for the upcoming quarter. Apple's latest financial results reveal a company navigating both strong demand and mounting geopolitical pressures, as new tariffs threaten to reshape its global supply chain and cost structure. For the second fiscal quarter of 2025, Apple reported revenue of $95.4 billion and a net profit of $24.8 billion, or $1.65 per diluted share. This marks an increase from the $90.8 billion in revenue and $23.6 billion in profit reported during the same period last year. The company's gross margin climbed to 47.1%, up from 46.6% a year ago, and Apple's board authorized an additional $100 billion for share repurchases, a ... Read full article.