Apple held its third quarter 2025 monetary outcomes on Thursday, and the corporate posted income of $94.0 billion, a ten % year-over-year enhance, and quarterly diluted earnings per share of $1.57. The corporate reported $23.4 billion in revenue.
Analysts had predicted income of beneath $90 billion, which Apple comfortably beat by 6 %. The inventory worth rose by a number of {dollars} in after-hours buying and selling.
The iPhone led income with $44.5 billion, a large 13.5 % enhance over the identical quarter a 12 months in the past. Apple Providers noticed a lift of $3 billion year-over-year, boosting it to a different quarterly file. Mac gross sales have been additionally up almost 15 %.
The iPad, which generated $6.6 billion, noticed a 7 % slide year-over-year. Apple up to date the iPad Professional with M4 chips in Might, however the iPad Professional is a low-volume product. Apple’s extra inexpensive tablets have been refreshed earlier this 12 months: iPad Air was up to date in March with an M3 chip, together with the A16-equipped Eleventh-generation iPad.
The opposite product class that was down for Apple was Wearables, House, and Equipment, with an 8.6 % lower year-over-year. This class is especially bolstered by AirPods and Apple Watch, each of that are attributable to get updates this fall.
How the quarter ended year-over-year for Apple:
- iPhone: $44.6 billion (up from $39.3 billion)
- iPad: $6.6 billion (down from $7.2 billion)
- Mac: $8 billion (up from $7 billion)
- Wearables, House, and Equipment: $7.4 billion (down from $8.1 billion)
- Providers: $27 billion (up from $24 billion)
“As we speak Apple is proud to report a June quarter income file with double-digit progress in iPhone, Mac, and Providers and progress all over the world, in each geographic section,” mentioned Apple CEO Tim Prepare dinner in a press launch. “At WWDC25, we have been excited to introduce an exquisite new software program design that extends throughout all of our platforms, and we introduced much more nice Apple Intelligence options.”
Commerce tariffs have been a priority for companies and shoppers, and Prepare dinner supplied some perception as to how they affected Apple this previous quarter. Prepare dinner said that Apple paid about $800 million in tariffs, and for the following quarter, projected a tariff impression of $1.1 billion if the present state of affairs doesn’t change.
When requested about Apple’s AI growth, Prepare dinner said that the corporate “considerably” boosted its funding in AI, however he didn’t supply specifics. “I’m not placing particular numbers behind that at this level,” mentioned Prepare dinner, “however you’ll be able to in all probability inform within the steerage that issues are shifting up. We’re additionally reallocating a good variety of folks to give attention to AI options throughout the firm.”
Apple declared a money dividend of $0.26 per share of frequent inventory payable on August 14 to shareholders of file on the shut of enterprise on August 11. The corporate holds a convention name to debate the earnings at 5 p.m. ET, and we’ll replace this story with any information of word.
