The Company posted quarterly revenue of $109.4 billion, up 16 percent year over year. Company gross margin was 50.1 percent, including a favorable impact of approximately 2 percentage points from tariff refunds. Diluted earnings per share was $2.02, up 29 percent year over year, and included a favorable impact of $0.11 from tariff refunds.
“Today, Apple is proud to report our strongest June quarter ever, with double-digit revenue growth across iPhone, Mac and Services, and in every geographic segment,” said Tim Cook, Apple’s CEO.
Kevan Parekh, Apple’s CFO:
“Our installed base of active devices also reached a new all-time high across all major product categories and geographic segments.”
“Over 2 and a half billion active devices” Parekh confirmed in his opening remarks on the earnings call.
Stocks go up and down and AAPL was down as much as 8% after hours. Its $5 trillion milestone already feels like a distant memory.
See Also: Jason Snell’s transcript and traditional barrage of charts and graphs.