Apple Q3 Revenue Beats, iPhone and Services Surge

Apple reported fiscal Q3 2025 revenue of $94.04 billion, surpassing expectations and marking a 13.5% surge in iPhone sales to $44.58 billion following strong demand for the iPhone 16. Double-digit gains in Mac and services revenue, including contributions from Apple TV+ and the App Store, helped offset slight declines in iPad and wearables. CEO Tim Cook highlighted record device upgrades, an all-time high active device base, and robust performance in international markets such as China. Apple’s diversification of its supply chain and efforts to counter U.S. tariff impacts have proven effective, though the company reduced its share buyback program for added financial flexibility. Shares climbed over 2% in after-hours trading. The company also declared a quarterly dividend, reinforcing its strong customer loyalty and financial resilience.