Apple Tops Q2 Forecasts

Business 2 May 2025 16:45

Apple posted strong results for its fiscal second quarter ending March 29, 2025, with revenue rising 5% year-on-year to $95.4 billion and net profit increasing to $24.8 billion, up from $23.6 billion a year earlier. Earnings per share climbed to $1.65, exceeding market expectations, CE Report quotes Anadolu Agency

iPhone sales rose nearly 2% to $46.8 billion, while Mac and iPad sales grew 7% and 15%, respectively. CEO Tim Cook highlighted strong Services growth, the debut of the iPhone 16e, and new devices powered by Apple silicon. He also noted a 60% reduction in Apple’s carbon emissions over the past decade.

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Eurozone Inflation Steady at 2.2%

2 May 21:00

Eurozone annual inflation is projected to remain steady at 2.2% in April 2025, unchanged from March, according to a preliminary estimate by Eurostat. Services saw the highest price increase at 3.9%, up from 3.5% in March, followed by food, alcohol, and tobacco at 3.0%. Energy prices continued to decline, dropping by 3.5%.

Moldova Launches eReceipts

2 May 16:00

For the first time, merchants in Moldova will be able to use virtual cash registers and electronic tax receipts (eBon), as part of a new government initiative to ease administrative burdens and support entrepreneurs—especially in rural areas.

Housing Permits Up, Offices Down in Bulgaria

2 May 14:30

In the first quarter of 2025, Bulgaria saw a notable rise in residential building permits, while approvals for office construction fell, according to the National Statistical Institute.

Greek Housing Market Shows Stability

2 May 13:35

Most real estate experts in Greece foresee a stable housing market through 2025, with 49% expecting sales prices to level off and 46% predicting further growth—though 42% believe any increase will stay below 5%, according to Cerved Real Estate Services’ annual survey.

Moldova Expands Power Exports

1 May 23:55

Starting May 1, the electricity export capacity from the joint Moldova–Ukraine grid to the European ENTSO-E network has increased from 550 MW to 650 MW.

Trump Pushes Tax Cuts, Seeks Time on Economy

1 May 15:00

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Greece Projects 2.3% Growth in 2025

1 May 12:30

Greece’s Ministry of Economy and Finance has submitted its annual economic progress report to the EU, projecting 2.3% GDP growth for 2025.

Bulgaria Raises 2025 Growth Forecast

30 April 23:30

Bulgaria's economy is expected to grow by 3% in 2025, with average annual inflation rising to 3.6%, according to the Finance Ministry’s spring macroeconomic forecast.

Apple Tops Q2 Forecasts

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