Apple Reports Record Q3 2025 Revenue, Hits Milestone

Apple reported robust Q3 2025 earnings, with revenue rising nearly 10% year-over-year to $94 billion and iPhone sales increasing 13.5% to $44.58 billion, driven by the popularity of the iPhone 16 lineup. The company celebrated the shipment of its three billionth iPhone since 2007. Growth was strong across all geographic areas, with double-digit gains in emerging markets and a rebound in China, despite competition and AI rollout delays. Mac and Services divisions posted record results, while iPad and Wearables sales declined. Apple faces ongoing tariff challenges, incurring $800 million in costs last quarter and projecting up to $1.1 billion next quarter. The company is ramping up AI investments and remains open to acquisitions to enhance its competitive position.