Apple (AAPL) Tops Q2 EPS by 29c, Revs Beat; Raises Dividend/Buyback

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Apple Reports Second Quarter Results

April 30, 2020 4:30 PM EDT

Total Revenue Grows, Services Revenue Reaches New All-Time High of $13.3 Billion

CUPERTINO, Calif.--(BUSINESS WIRE)-- Apple® today announced financial results for its fiscal 2020 second quarter ended March 28, 2020. The Company posted quarterly revenue of $58.3 billion, an increase of 1 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.55, up 4 percent. International sales accounted for 62 percent of the quarters revenue.

Despite COVID-19s unprecedented global impact, were proud to report that Apple grew for the quarter, driven by an all-time record in Services and a quarterly record for Wearables, said Tim Cook, Apples CEO.... More