Apple(US:AAPL) ZACKSยท2025-05-01 23:06Core Insights - For the quarter ended March 2025, Apple reported revenue of $95.36 billion, reflecting a year-over-year increase of 5.1% and an EPS of $1.65, up from $1.53 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $94.26 billion by 1.16%, while the EPS surpassed the consensus estimate of $1.61 by 2.48% [1] Revenue Performance - Geographic Revenue: - Americas: $40.32 billion, exceeding the estimate of $39.46 billion, with an 8.2% year-over-year increase [4] - Europe: $24.45 billion, slightly below the estimate of $24.80 billion, with a 1.4% year-over-year increase [4] - Rest of Asia Pacific: $7.29 billion, below the estimate of $7.45 billion, with an 8.4% year-over-year increase [4] - Japan: $7.30 billion, exceeding the estimate of $6.55 billion, with a significant 16.5% year-over-year increase [4] - Greater China: $16 billion, below the estimate of $16.55 billion, reflecting a 2.3% year-over-year decline [4] Sales by Category - Net Sales: - Products: $68.71 billion, exceeding the estimate of $67.61 billion, with a 2.7% year-over-year increase [4] - Services: $26.65 billion, slightly below the estimate of $26.76 billion, with an 11.6% year-over-year increase [4] - Sales by Category: - Mac: $7.95 billion, exceeding the estimate of $7.79 billion, with a 6.7% year-over-year increase [4] - iPhone: $46.84 billion, exceeding the estimate of $46.45 billion, with a 1.9% year-over-year increase [4] - Wearables, Home and Accessories: $7.52 billion, below the estimate of $7.76 billion, with a 4.9% year-over-year decline [4] - iPad: $6.40 billion, exceeding the estimate of $5.92 billion, with a 15.2% year-over-year increase [4] Stock Performance - Over the past month, Apple's shares have returned -5.1%, compared to the Zacks S&P 500 composite's -0.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]