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Apple smashes Wall Street on top and bottom lines

MacDailyNews

Jul 31

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Apple® today announced financial results for its fiscal 2025 third quarter ended June 28, 2025. The Company posted quarterly revenue of $94.0 billion, up 10 percent year over year, and quarterly diluted earnings per share of $1.57, up 12 percent year over year.

“Today Apple is proud to report a June quarter revenue record with double-digit growth in iPhone, Mac and Services and growth around the world, in every geographic segment,” said Tim Cook, Apple’s CEO. “At WWDC25, we were excited to introduce a beautiful new software design that extends across all of our platforms, and we announced even more great Apple Intelligence features.”

“We are very pleased with our record business performance for the June quarter, which generated EPS growth of 12 percent,” said Kevan Parekh, Apple’s CFO. “Our installed base of active devices also reached a new all-time high across all product categories and geographic segments, thanks to our very high levels of customer satisfaction and loyalty.”

Apple’s board of directors has declared a cash dividend of $0.26 per share of the Company’s common stock. The dividend is payable on August 14, 2025 to shareholders of record as of the close of business on August 11, 2025.

Apple will provide live streaming of its Q3 2025 financial results conference call beginning at 2:00 p.m. PT on July 31, 2025, at apple.com/investor/earnings-call. The webcast will be available for replay for approximately two weeks thereafter.

For Apple’s fiscal third quarter of 2025, ending June 29, 2025, the LSEG consensus expectations for total revenue and earnings per share (EPS) called for:

• Total Revenue: $89.54 billion.
• Earnings Per Share (EPS): $1.43

Analysts’ consensus for revenue by product line, based on available data from sources, expected:

• iPhone Revenue: $39.8 billion to $40.06 billion
• Mac Revenue: $7.16 billion to $7.30 billion
• iPad Revenue: $6.78 billion to $7.07 billion
• Services Revenue: $26.8 billion to $26.96 billion
• Wearables, Home, and Accessories Revenue: $7.78 billion

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