Apple held its third quarter 2025 monetary outcomes on Thursday, and the corporate posted income of $94.0 billion, a ten p.c 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 below $90 billion, which Apple comfortably beat by 6 p.c. The inventory value rose by a number of {dollars} in after-hours buying and selling.
The iPhone led income with $44.5 billion, an enormous 13.5 p.c increase over the identical quarter a yr in the past. Apple Providers noticed a lift of $3 billion year-over-year, boosting it to a different quarterly document. Mac gross sales had been additionally up almost 15 p.c.
The iPad, which generated $6.6 billion, noticed a 7 p.c slide year-over-year. Apple up to date the iPad Professional with M4 chips in Could, however the iPad Professional is a low-volume product. Apple’s extra reasonably priced tablets had been refreshed earlier this yr: 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 p.c lower year-over-year. This class is principally bolstered by AirPods and Apple Watch, each of that are as a consequence of 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)
“At this time Apple is proud to report a June quarter income document with double-digit progress in iPhone, Mac, and Providers and progress world wide, in each geographic section,” mentioned Apple CEO Tim Prepare dinner in a press launch. “At WWDC25, we had been excited to introduce an attractive 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 offered some perception as to how they affected Apple this previous quarter. Prepare dinner acknowledged that Apple paid about $800 million in tariffs, and for the subsequent quarter, projected a tariff influence of $1.1 billion if the present state of affairs doesn’t change.
When requested about Apple’s AI growth, Prepare dinner acknowledged that the corporate “considerably” boosted its funding in AI, however he didn’t provide specifics.
Apple declared a money dividend of $0.26 per share of widespread inventory payable on August 14 to shareholders of document 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 observe.
