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Apple Reports Record $94 Billion in Q3 2025 Revenue, Driven by iPhone, Mac, and Services Growth

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Apple, the American technology giant behind the global Apple Store network, reported fiscal 2025 third-quarter results that topped Wall Street expectations, delivering record June-quarter revenue. The company posted revenue of $94.0 billion for the three months ended June 28, 2025, up 10% year-over-year, with diluted earnings per share increasing 12% to $1.57.

Strong Growth Across Product Lines

CEO Tim Cook credited the results to strong momentum across Apple’s flagship product categories. “Today Apple is proud to report a June quarter revenue record with double-digit growth in iPhone, Mac and Services and growth around the world, in every geographic segment,” Cook said.

By product category, iPhone revenue climbed to $44.6 billion (up from $39.3 billion in Q3 2024), Mac revenue rose to $8.0 billion (up from $7.0 billion), and Services surged to $27.4 billion (up from $24.2 billion). iPad sales moderated slightly at $6.6 billion, down from $7.2 billion a year earlier.

Regional Performance

Sales grew across all geographic segments:

  • Americas: $41.2 billion (up from $37.7 billion)
  • Europe: $24.0 billion (up from $21.9 billion)
  • Greater China: $15.4 billion (up from $14.7 billion)
  • Japan: $5.8 billion (up from $5.1 billion)
  • Rest of Asia Pacific: $7.7 billion (up from $6.4 billion)

This global expansion reflects Apple’s ability to maintain strong demand across mature and emerging markets.

Profitability and Margins

Apple reported net income of $23.4 billion, up from $21.4 billion in the prior-year quarter. Gross margin rose to $43.7 billion, compared to $39.7 billion in Q3 2024. Operating income was $28.2 billion, up from $25.4 billion.

CFO Kevan Parekh highlighted the financial discipline underpinning results: “We are very pleased with our record business performance for the June quarter, which generated EPS growth of 12 percent. Our installed base of active devices also reached a new all-time high across all product categories and geographic segments, thanks to our very high levels of customer satisfaction and loyalty.”

Dividend Declaration

Apple’s board of directors declared a cash dividend of $0.26 per share, payable on August 14, 2025 to shareholders of record as of August 11, 2025.

Looking Ahead

At WWDC25, Apple unveiled a redesigned software experience across its platforms and introduced expanded Apple Intelligence features, which are expected to further integrate AI into its product ecosystem.

Lee Rivett
Lee Rivetthttps://retail-insider.com
Lee Rivett, based in Vancouver, supports the digital distribution and technical backend operations of Retail Insider. In addition, Lee is also an active contributor to Retail Insider’s editorial content. His work includes technical reporting, international shopping centre tours, and feature articles on Canadian retail news.

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