Apple Reports Record $94B Q3 Revenue Driven by iPhone, Global Growth

Apple reported a record-breaking fiscal third quarter for 2025, with revenue reaching approximately $94 billion, marking a 9.5% to 10% increase year-over-year, driven by strong performance across iPhone, Mac, and Services segments. iPhone revenue surged 13% to $44.6 billion, setting a June quarter record, while Services revenue also set an all-time high at $27.4 billion, growing by 13%, both surpassing market expectations. Sales rose in every major geographic region, including a 9.3% increase in the Americas, a 4.3% rise in Greater China, and a notable 20% growth in the Asia Pacific outside China. Despite strong gains, iPad and Wearables sales declined by around 8%, missing analyst estimates. Apple's CEO Tim Cook highlighted robust demand and growth in emerging markets, and the company reported tariff costs slightly lower than expected but anticipates higher tariff-related expenses in the next quarter. The company's active installed base of devices reached a new all-time high, underscoring strong customer loyalty, while analysts noted the importance of innovation investments amid geopolitical and economic uncertainties.