Breaking News
Aug 1, 2025
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Apple Inc. decreased 0.7% to $207.57 despite the smartphone maker reporting a 9% rise in net income in the June quarter.
Revenue in the fiscal third quarter increased 9.6% to $94 billion from $85.8 billion, net income climbed to $23.4 billion from $21.4 billion, and diluted earnings per share rose to $1.57 from $1.40 a year ago.
For the nine-month period, revenue advanced to $313.7 billion from $296.1 billion, net income soared to $84.5 billion from $79 billion, and diluted earnings per share edged higher to $5.62 from $5.11 a year ago.
Cash flow from operating activities declined to $81.2 billion from $91.4 billion a year earlier.
The company executed share repurchases totaling $70,579 of its Class A common stock and returned $11.6 billion to shareholders.
The company's board declared a cash dividend of 26 cents per share, payable on August 14 to shareholders on record on August 11.
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