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Apple reported stronger-than-expected financial results for the third quarter of 2025, with revenue growing at the fastest pace in years, driven by the strong performance of iPhone devices.
CEO Tim Cook said “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”.
Apple’s Board of Directors declared a cash dividend of $0.26 per share of common stock, payable on Aug. 14 to shareholders of record as of the close of trading on Aug. 11.
Speaking to CNBC following the earnings release, Cook explained that one percentage point of the 10% revenue growth came from customers buying more products in an effort to avoid potential tariffs.
He added that iPhone revenue was particularly strong due to the popularity of the iPhone 16 compared to its predecessor, the iPhone 15, specifically highlighting its appeal among users upgrading to newer models.
In its financial report issued after Thursday’s market close, the company said its revenue grew by 10% in the quarter ended June 28, 2025 — the highest pace since December 2021.
|
Q3 2025 Financial Results |
||||
|
Item ($ bln) |
Q3 2025 |
Q3 2024 |
Forecasts |
YoY Change % |
|
Revenues |
94.0 |
85.8 |
89.53 |
+10 |
|
Profit |
23.4 |
21.5 |
-- |
+9 |
|
Adjusted EPS |
1.57 |
1.40 |
1.43 |
+12 |
|
Operating Income |
28.2 |
25.3 |
-- |
+11 |
|
Device Sales |
66.6 |
61.6 |
-- |
+8 |
|
Services Sales |
27.4 |
24.2 |
26.80 |
+13 |
|
iPhone Sales |
44.6 |
39.3 |
40.22 |
+13 |
|
Sales in China |
15.4 |
14.7 |
-- |
+5 |
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