See every side of every news story
Published loading...Updated

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.
Insights by Ground AI
Does this summary seem wrong?

93 Articles

Center

Apple's shares (AAPL) rose on Friday after the company reported third-quarter profits that exceeded expectations in both revenue and profit per share, thanks to better than anticipated iPhone sales."Today Apple is proud to report a record revenue in the June quarter with a double-digit growth in iPhone, Mac and Services and a growth worldwide, in each geographic segment," said CEO Tim Cook in a statement on Thursday.The technological giant's sha…

EDPEDP
+2 Reposted by 2 other sources
Center

Apple overcomes trade war and slow start in AI to deliver strong quarter

The company earned 23.4 billion dollars during its fiscal third quarter, a 9 increase from the same time last year.

·Norwich, United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 59% of the sources are Center
59% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

MacRumors broke the news in United States on Thursday, July 31, 2025.
Sources are mostly out of (0)