Analysts expect the tech giant to report earnings of $1.62 per share for the March quarter, compared to
$1.53 per share in the prior year period. The consensus revenue estimate for Q2 is $94.75 billion, which represents a 4.4% growth from the second quarter of 2024.
In the first quarter, the company generated revenues of $124.3 billion, compared to $119.58 billion in the same period of 2024. There was a 1% drop in iPhone sales. Q1 profit, on a per-share basis, came in at $2.40, vs. $2.18 a year earlier. Net profit was $36.3 billion, compared to $33.9 billion in the year-ago period.