What analysts expect from Apple’s Q2 2025 earnings report

Apple is set to announce its Q2 2025 financial results on Thursday, May 1st, with analysts projecting modest growth despite challenges like U.S.-China tensions and AI rollout delays. The LSEG consensus estimates revenue at approximately $94.68 billion, a 3.8% year-over-year increase, and earnings per share at $1.63, up 6% from last year.
Product revenue expectations are mixed. iPhone sales, comprising over 50% of revenue, are forecasted at $46-$48 billion, reflecting slight growth driven by iPh