Apple(US:AAPL)2025-10-30 20:30Financial Performance - Apple reported quarterly revenue of $102.5 billion, an increase of 8% year over year[1] - Diluted earnings per share (EPS) was $1.85, reflecting a 13% year-over-year growth on an adjusted basis[1] - Total net sales for the fiscal year reached $416.16 billion, compared to $391.04 billion in the previous year, representing a 6.4% growth[9] - Total net income for the quarter was $27.47 billion, compared to $14.74 billion in the same quarter last year, showing an 86% increase[9] - Net income for the twelve months ended September 27, 2025, increased to $112,010 million, up from $93,736 million in the previous year, representing a growth of 19.4%[15] Services and Product Launches - Services revenue reached an all-time high of $28.75 billion, up from $24.97 billion in the same quarter last year, marking a 15% increase[9] - The company launched its best iPhone lineup ever, including iPhone 17, iPhone 17 Pro, and iPhone Air, along with new AirPods Pro 3 and Apple Watch lineup[1] Cash and Dividends - Apple declared a cash dividend of $0.26 per share, payable on November 13, 2025[1] - The company paid $15,421 million in dividends and dividend equivalents during the twelve months ended September 27, 2025, compared to $15,234 million in the previous year[15] Research and Development - Research and development expenses for the quarter were $8.87 billion, up from $7.77 billion year over year, indicating a 14% increase[9] Assets and Liabilities - The company’s total assets decreased to $359.24 billion from $364.98 billion year over year[12] - The company’s total liabilities decreased by $11,076 million in the twelve months ended September 27, 2025, compared to an increase of $15,552 million in the previous year[15] Cash Flow - Cash generated by operating activities for the twelve months ended September 27, 2025, was $111,482 million, compared to $118,254 million in the prior year, reflecting a decrease of 5.7%[15] - Cash generated by investing activities increased to $15,195 million from $2,935 million year-over-year, indicating a significant improvement[15] - Cash, cash equivalents, and restricted cash at the end of the period increased to $35,934 million from $29,943 million, marking an increase of 20%[15] Stock Repurchase - The company repurchased common stock amounting to $90,711 million during the twelve months ended September 27, 2025, slightly down from $94,949 million in the previous year[15] Tax Charges - The company recorded a one-time income tax charge of $10.2 billion due to the reversal of the European General Court's State Aid decision, impacting net income significantly[17] Accounts Receivable - The company experienced a decrease in accounts receivable, net, amounting to $(6,682) million, compared to $(3,788) million in the prior year, indicating a worsening in collection efficiency[15] Earnings Per Share - Diluted earnings per share for the twelve months ended September 28, 2024, adjusted for non-GAAP measures, was $6.75, compared to $6.08 as reported under GAAP[19]