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Apple Q2: iPhone up 2% YoY to $46.84B, vs. $45.84B est., Mac up 7% to $7.95B, iPad up 15% to $6.4B, and Wearables, Home, and Accessories down 5% to $7.52B

Apple reported second fiscal-quarter earnings Thursday that beat Wall Street expectations, but the company's closely-watched Services division came up light versus estimates.

CNBC Kif Leswing

Discussion

  • @munster_gene Gene Munster on x
    The only disappointment segment was wearables. Missed Street by 7%. Down 5% year over year. AirPods (4% of overall revenue) have become a replacement business.
  • @neilcybart Neil Cybart on x
    Apple's wearables results continuing to drag. Upgrading dynamics making it difficult to report unit sales growth for Apple Watch and AirPods. Wearables not being upgraded as frequently as iPhones.
  • r/technology r on reddit
    Apple CEO Tim Cook says tariffs to add $900M in costs in Q3, but future uncertain.
  • r/politics r on reddit
    Apple shares fall as Cook says ‘very difficult’ to predict tariff costs beyond June - Apple is already sourcing about half of the iPhones for the U.S. from India …
  • r/wallstreetbets r on reddit
    Apple revenue tops Wall Street expectations but Services division disappoints