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Yahoo
22 minutes ago
- Yahoo
Apple (NASDAQ:AAPL) Reports Strong Q2
iPhone and iPad maker Apple (NASDAQ:AAPL) reported Q2 CY2025 results exceeding the market's revenue expectations , with sales up 9.6% year on year to $94.04 billion. Its GAAP profit of $1.57 per share was 10.1% above analysts' consensus estimates. Is now the time to buy Apple? Find out in our full research report. Apple (AAPL) Q2 CY2025 Highlights: Revenue: $94.04 billion vs analyst estimates of $89.54 billion (5% beat) Operating Profit (GAAP): $28.2 billion vs analyst estimates of $25.86 billion (9.1% beat) EPS (GAAP): $1.57 vs analyst estimates of $1.43 (10.1% beat) Products Revenue: $66.61 billion vs analyst estimates of $62.76 billion (6.1% beat) Services Revenue: $27.42 billion vs analyst estimates of $26.81 billion (2.3% beat) Gross Margin: 46.5%, in line with the same quarter last year Operating Margin: 30%, in line with the same quarter last year Free Cash Flow Margin: 26%, down from 31.1% in the same quarter last year Market Capitalization: $3.12 trillion 'Today Apple is proud to report a June quarter revenue record with double-digit growth in iPhone, Mac and Services and growth around the world, in every geographic segment,' said Tim Cook, Apple's CEO. Revenue Growth Apple (with its installed base of 2 billion+ devices) proves that huge, scaled companies can still grow. The company's revenue base of $273.9 billion five years ago has increased to $408.6 billion in the last year, translating into a decent 8.3% annualized growth rate. In light of its big tech peers, however, Apple's growth trailed Amazon (15.8%), Alphabet (17.5%), and Microsoft (14.5%) over the same period. This is an important consideration because investors often use the comparisons as a starting point for their valuations. When adjusting for these benchmarks, we think Apple's price is fair. We at StockStory emphasize long-term growth, but for big tech companies, a half-decade historical view may miss emerging trends in AI. Apple's recent performance shows its demand has slowed as its annualized revenue growth of 3.2% over the last two years was below its five-year trend. This quarter, Apple reported year-on-year revenue growth of 9.6%, and its $94.04 billion of revenue exceeded Wall Street's estimates by 5%. Looking ahead, sell-side This projection illustrates the market sees some success for its newer AI-enabling Apple Intelligence products. However, its anticipated growth is still a far cry from its heyday in the 2010s. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) stock benefiting from the rise of AI. Click here to access our free report one of our favorites growth stories. Products: Steve Jobs's Legacy Apple's Products segment includes everything from its flagship iPhone, iPad, and MacBook computers to AirPods and Apple Watch. We are closely monitoring whether the GenAI-powered Apple Intelligence, which was released in September 2024 but has limited interoperability with older devices, can spur an upgrade cycle for the company. Products sales are by far the biggest chunk of Apple's revenue at 74.2%, and they grew by 6.4% annually over the last five years, slower than total revenue. Recently, sales have also decelerated, as revenue was flat over the last two years. Apple could really use that upgrade cycle right about now. This quarter, Products sales were up 8.2% year on year, topping Wall Street's estimates by 6.1%. Holding aside expectations, the recently improved rate of change shows that more customers are upgrading their devices than before. We'll be watching to see if Apple Intelligence and iOS 18 can accelerate this trend. Wall Street seems to believe it won't move the needle. Key Takeaways from Apple's Q2 Results We were impressed by how significantly Apple blew past analysts' revenue expectations this quarter. We were also happy its revenue narrowly outperformed Wall Street's estimates, as Products and Services all beat. Zooming out, we think this was a solid print. The stock traded up 2.4% to $212.58 immediately after reporting. Apple may have had a good quarter, but does that mean you should invest right now? The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
Central Garden & Pet to Participate in the Canaccord 45th Annual Growth Conference
WALNUT CREEK, Calif., July 31, 2025--(BUSINESS WIRE)--Central Garden & Pet Company (NASDAQ: CENT), (NASDAQ: CENTA), a leading company in the pet and garden industries, today announced that management will participate in the Canaccord 45th Annual Growth Conference being held in Boston on August 12-14, 2025. Brad Smith, Chief Financial Officer, will participate in a fireside chat on Tuesday, August 12, at 3:00 pm ET (12:00 pm PT). To listen to the fireside chat, please pre-register at Following the conference, the fireside chat will be publicly available via webcast replay and posted to the investor section of Central's website at Additionally, management will be available for one-on-one meetings on August 12. To schedule a one-on-one meeting with Central's management, please contact your Canaccord representative or Investor Relations at IR@ About Central Garden & Pet Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) understands that home is central to life and has proudly nurtured happy and healthy homes for over 40 years. With fiscal 2024 net sales of $3.2 billion, Central is on a mission to lead the future of the pet and garden industries. The Company's innovative and trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier, and communities grow stronger. Central is home to a leading portfolio of more than 65 high-quality brands including Amdro®, Aqueon®, Cadet®, C&S®, Farnam®, Ferry-Morse®, Four Paws®, Kaytee®, Nylabone® and Pennington®, strong manufacturing and distribution capabilities, and a passionate, entrepreneurial growth culture. Central is based in Walnut Creek, California, with over 6,000 employees primarily across North America. Visit to learn more. View source version on Contacts Investor & Media ContactFriederike EdelmannVP of Investor Relations & Corporate Sustainability(925) 412 6726fedelmann@ Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
22 minutes ago
- Yahoo
Reddit stock soars as company posts fastest quarterly revenue growth in 3 years
Reddit (RDDT) stock soared nearly 11% after the bell on Thursday as the social media platform reported second quarter revenue that surpassed Wall Street's expectations. The social media's revenue grew 78% to $500 million, its fastest revenue growth in three years, according to the company. That figure was ahead of the $425 million projected by Wall Street analysts tracked by Bloomberg. Reddit reported adjusted earnings per share of $0.92, ahead of the estimated $0.72. The company reported that global daily active users hit 110.4 million in the three months ended June 30, just above the 110 million expected by analysts, according to Bloomberg consensus data. Meanwhile, US daily active users hit 50.3 billion, slightly below the 50.5 million expected. Reddit also saw traction on its AI-powered search tool, Reddit Answers, which launched in December 2024 and had 6 million weekly active users in the second quarter, a jump from 1 million in the prior period. "Reddit is one of the few platforms positioned to become a true search destination," CEO Steve Huffman wrote in a letter to investors. In the past, investors have scrutinized Reddit's daily active user growth. Reddit shares sank following its quarterly reports in February and May despite earnings and revenue beating Wall Street's expectations. Changes to the Google (GOOG) Search algorithm created volatility in traffic to the site. Google accounts for 40% to 50% of Reddit's traffic, according to JPMorgan analyst Doug Anmuth, who holds a Neutral rating on the stock. Reddit shares have partly recovered losses from earlier in the year, climbing roughly 70% from the stock's low of about $87 in early April. The stock spiked in June after the company launched new AI ad tools for marketers at the Cannes Lions Festival. Still, Reddit trades far below the highs above $220 seen in February before its fourth quarter earnings report, and shares are down nearly 10% in 2025. Laura Bratton is a reporter for Yahoo Finance. Follow her on Bluesky @ Email her at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
