Apple(US:AAPL) 智通财经网·2025-05-01 23:18Core Insights - Apple reported better-than-expected earnings for Q2 FY2025, with revenue of $95.4 billion and earnings per share of $1.65, surpassing market expectations of $94.66 billion and $1.63 respectively [1] - Concerns arose regarding the slowdown in the services segment, which generated $26.65 billion, growing 11.65% year-over-year but falling short of the previous year's growth rate of 14.2% and market expectations of $26.7 billion [2] - The company announced a $100 billion stock buyback plan and increased its quarterly dividend by 4% to $0.26 per share, reflecting confidence in future cash flows [3] Revenue Breakdown - iPhone remains the largest revenue source with $46.84 billion, slightly above the expected $45.84 billion, and showing a year-over-year growth of nearly 2% [1] - Mac revenue reached $7.95 billion, growing nearly 7% year-over-year, while iPad revenue increased by 15% to $6.4 billion, benefiting from the launch of the new iPad Air [1] - Wearables and accessories, including Apple Watch and AirPods, saw a revenue decline of 5% to $7.52 billion [2] Regional Performance - Revenue from Greater China was $16 billion, showing a slight decline year-over-year, but remained stable when excluding currency effects, with sales accelerating quarter-over-quarter [3] - The Americas market performed strongly, with nearly 8% year-over-year growth [3] Supply Chain and Strategic Adjustments - Apple is actively adjusting its global supply chain, with over half of iPhones for the U.S. market now produced in India, and most Macs, iPads, AirPods, and Apple Watches sourced from Vietnam [2] - The company plans to procure $19 billion worth of chips domestically in the U.S., emphasizing the diversification of its supply chain to enhance resilience [2]