Apple(US:AAPL) Huan Qiu Wang·2025-08-01 03:46Core Insights - Apple reported a total revenue of $98 billion for Q3 of FY2025, marking a 10% year-over-year increase, the largest quarterly revenue growth since Q1 of FY2022 [1] - The strong performance exceeded Wall Street expectations, leading to a more than 3% increase in stock price and a market capitalization surpassing $3.5 trillion [1] Revenue Drivers - iPhone revenue grew by 5% to $47 billion, driven by strong demand for the high-end iPhone 16 Pro series, particularly in emerging markets like India and Southeast Asia, where sales doubled [1] - The company successfully mitigated the impact of extended consumer upgrade cycles through trade-in subsidies and carrier contract incentives [1] - Service revenue surged by 14% to $24 billion, reaching a new historical high, with Apple Music and iCloud+ surpassing 1 billion subscribers and App Store in-app purchase revenue increasing by 12% [1] - AI-driven personalized recommendation features improved service segment user retention rates to 85% [1] Performance of Other Segments - Mac revenue increased by 20% to $8.5 billion, attributed to the strong sales of the new MacBook Air featuring the M4 chip [2] - iPad revenue rose by 18% to $7 billion, with a notable 30% year-over-year increase in purchases from the education sector [2] - Revenue from Greater China reached $17 billion, reflecting a 7% year-over-year growth, ending a streak of four consecutive quarters of decline [2]