Stock Movers: Apple, Amazon, MasterCard

Scott Peters
01 Aug, 2025
New York City

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. 

Amazon Inc. gained 3.9% to $234.11 after the online retailer and marketplace operator reported a 13% jump in revenue and a 35% rise in net income in the second quarter.

Consolidated revenue in the June quarter increased 13% to $167.7 billion from $148 billion, net income jumped to $18.2 billion from $13.5 billion, and diluted earnings per share rose to $1.68 from $1.26 a year ago.

For the fiscal year 2025, revenue advanced to $323.4 billion from $291.3 billion, net income soared to $35.3 billion from $23.9 billion, and diluted earnings per share edged higher to $3.27 from $2.24 a year ago.

Operating income increased 30.6% to $19.2 billion from $14.7 billion, operating expense expanded 11.4% to $148.5 billion from $133.3 billion, operating cash flow climbed 12% to $121.1 billion from $108.0 billion, and free cash flow decreased 65.7% to $18.2 billion from $53.0 billion a year ago.

The company guided third-quarter net sales between $174.0 billion and $179.5 billion, compared to $167.7 billion, and operating income between $15.5 billion and $20.5 billion, compared to $17.4 billion a quarter earlier, respectively.

This guidance anticipates a favorable impact of approximately 130 basis points from foreign exchange rates.

MasterCard Inc. rose 1.3% to $566.47 after the payment processing company reported a 13% increase in net income in the latest quarter.

Consolidated revenue in the June quarter increased 16% to $8.1 billion from $7 billion, net income soared 13% to $3.7 billion from $3.3 billion, and diluted earnings per share rose 15% to $4.07 from $3.50 a year ago.

For the six-month period, revenue advanced to $15.3 billion from $13.3 billion, net income soared to $7 billion from $6.2 billion, and diluted earnings per share edged higher to $7.66 from $6.72 a year ago.

During the second quarter of 2025, Mastercard repurchased 4.2 million shares at a cost of $2.3 billion and paid $691 million in dividends.

Quarter-to-date through July 28, the company repurchased 1.8 million shares at a cost of $1.0 billion, which leaves $9.3 billion remaining under approved share repurchase programs.

The effective tax rate for the second quarter of 2025 was 20.8%, versus 17.3% for the comparable period in 2024.