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Apple reports biggest revenue growth since December 2021

Apple reported record revenue of $94.04 billion and net profit of $23.43 billion for its fiscal third quarter ended June 28, 2025.
The strong results followed persistent iPhone demand, growing Services revenue, and the strategic shift of device production from China to India amid tariff pressures.
Apple achieved double-digit growth in iPhone, Mac, and Services, with Services revenue reaching a new quarterly record of $27.42 billion and gross margin slightly increasing to 46.5 percent.
CEO Tim Cook said Apple is proud to report double-digit growth and growth across every geographic segment, while the stock rose over 2.5% post-market following the earnings beat.
Despite the record quarter, Apple’s stock has fallen 16% year-to-date, reflecting ongoing uncertainties including looming tariffs and competitive challenges in AI advancements.

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