Apple's revenue exceeded Wall Street expectations, but the services division disappointed
2025-05-01 20:47:59
Apple on Thursday reported second-quarter revenue that beat Wall Street expectations, but the company's closely watched services division underperformed expectations. Apple (AAPL. O) reported revenue of $95.36 billion in fiscal 2025 Q2, while LSEG expected $94.66 billion. iPhone revenue of $46.84 billion, StreetAccount estimate of $45.84 billion; Mac revenue of $7.95 billion, StreetAccount estimate of $7.77 billion; iPad revenue of $6.40 billion, StreetAccount estimate of $6.20 billion. Wearables, home and accessories revenue of $7.52 billion, StreetAccount estimate of $7.95 billion. < b > And services revenue of $26.65 billion, StreetAccount estimate of $26.70 billion. Apple's services division, which includes revenue from services such as iCloud subscriptions, Apple Music and Apple TV +, warranties and search licensing agreements, fell more than 2 percent after hours.
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