Core Viewpoint - Apple reported a record revenue of $94.04 billion for the third fiscal quarter of 2025, marking a 10% year-over-year increase, driven by strong sales in iPhone, Mac, and services [1][5] Financial Performance - Total revenue reached $94.04 billion, up from $85.78 billion year-over-year [3] - Net profit was $23.434 billion, a 9% increase from the previous year [1] - Earnings per share (EPS) rose to $1.57, reflecting a 12% year-over-year growth [1] Revenue by Product Category - iPhone revenue was $44.582 billion, a 13% increase from $39.296 billion [3] - Mac revenue reached $8.046 billion, up 15% from $7.009 billion [3] - Services revenue was $27.423 billion, a 13% increase from $24.213 billion [3] - iPad revenue declined to $6.581 billion, down 8% from $7.162 billion [4] - Wearables, Home, and Accessories revenue fell to $7.404 billion, a 9% decrease from $8.097 billion [4] Regional Performance - Americas revenue was $41.198 billion, a 9% increase [5] - Europe revenue reached $24.014 billion, up 10% [5] - Greater China revenue was $15.369 billion, a 4% increase, ending a seven-quarter decline [5][6] - Japan revenue grew to $5.782 billion, a 13% increase [5] - Other Asia Pacific regions saw revenue of $7.673 billion, a 20% increase [5] Strategic Developments - Apple is increasing investments in artificial intelligence (AI), with a focus on enhancing Siri's personalization features expected to launch next year [8] - The company has reallocated resources to prioritize AI development, indicating a significant rise in capital expenditures for AI initiatives [8]

Core Viewpoint - Apple reported its third fiscal quarter results for 2025, showing significant revenue growth and strong performance across various product categories and regions [1][4]. Financial Performance - The total revenue for Apple's third fiscal quarter was $94.036 billion, a 10% year-over-year increase, marking the largest growth since December 2021 [1]. - Net profit reached $23.434 billion, reflecting a 9% increase compared to the previous year [1]. - Product revenue was $66.613 billion, up 8% from $61.564 billion year-over-year, while service revenue was $27.423 billion, a 13% increase from $24.213 billion [1]. Product Revenue Breakdown - iPhone revenue was $44.58 billion, exceeding market expectations of $40.22 billion [4]. - Mac revenue increased by 15% to $8.046 billion from $7.009 billion year-over-year [4]. - iPad revenue decreased by 8% to $6.581 billion from $7.162 billion year-over-year [4]. - Revenue from wearables, home, and accessories fell by 9% to $7.404 billion from $8.097 billion year-over-year [4]. Regional Performance - Revenue from the Americas was $41.198 billion, a 9% increase from $37.678 billion year-over-year [4]. - European revenue grew by 10% to $24.014 billion from $21.884 billion year-over-year [4]. - Greater China revenue increased by 4% to $15.369 billion from $14.728 billion year-over-year [4]. - Japan's revenue rose by 13% to $5.782 billion from $5.097 billion year-over-year [4]. - Revenue from other Asia-Pacific regions surged by 20% to $7.673 billion from $6.390 billion year-over-year [4]. CEO Insights - CEO Tim Cook highlighted double-digit growth in iPhone, Mac, and services, with growth observed across all global regions [4]. - Cook noted that consumer subsidy policies in certain regions of China positively impacted product sales [5]. - The cumulative sales of iPhones surpassed 3 billion units during the third fiscal quarter [5].