Take a Bite of Apple's Solid Q3 Earnings With These ETFs

Core Insights - Apple Inc. reported strong third-quarter fiscal 2025 results, exceeding revenue and earnings estimates with a revenue growth of 10% year over year to $94 billion and earnings per share of $1.57, up 12.1% from the previous year [1][3] - The company achieved double-digit growth in its iPhone, Mac, and Services segments, with the installed base of active devices reaching an all-time high [1][3] Financial Performance - iPhone sales increased by 13% year over year to $44.6 billion, driven by strong demand for the iPhone 16 [4] - Services revenue, which includes iTunes, Apple Music, iCloud, Apple Pay, and Apple Care, rose 13.2% year over year to a record $27.4 billion [4] - Mac sales grew by 15% to $8.05 billion, while iPad sales declined by 8% to $6.58 billion [4] - Revenues from Wearables, Home, and Accessories fell by 8.6% to $7.4 billion [4] Future Outlook - For the ongoing fiscal fourth quarter, Apple expects "mid to high-single digit" sales growth, although it faces significant tariff-related costs, estimated at $1.1 billion for the fourth quarter [5] Growth Strategy - Apple is significantly increasing its investments in AI, reallocating staff, and exploring acquisitions, including interest in acquiring AI search startup Perplexity [6] - The company aims to roll out a more personalized Siri by 2026, although it faces criticism for lagging behind competitors in AI innovation [6] ETFs in Focus - Several ETFs have significant allocations to Apple, including: - Global X PureCap MSCI Information Technology ETF (GXPT) with a 16.7% share of Apple [2][7] - Vanguard Information Technology ETF (VGT) with a 13% share [2][8] - MSCI Information Technology Index ETF (FTEC) with a 13.1% share [2][10] - iShares US Technology ETF (IYW) with a 12.9% share [2][11] - iShares Top 20 U.S. Stocks ETF (TOPT) with a 12.2% share [2][12]