Apple announced third-quarter earnings on Thursday, surpassing Wall Street’s profit and revenue forecasts. The Mac division led growth among Apple’s segments in the June quarter, with iPhone sales rising 13% year-over-year and total revenue increasing 10%, marking the company’s strongest quarterly revenue growth since December 2021. Apple’s Q325 results: • Revenue: $94.04 billion vs. $89.53 billion expected • iPhone revenue: $44.58 billion vs. $40.22 billion expected
One question analysts failed to ask (likely because they’d like to be invited to future conference calls): If AI is “one of the most profound technologies of our lifetime,” then why is Apple years behind in AI? Cook finally sees it now because hindsight is 20/20. For a company with the resources of Apple, a reactive CEO can work, but the company needs to react more quickly. It’ll likely be two years – an eternity in tech time – after Apple regaled us all with WWDC24 vaporware video of AI Siri before Apple finally releases its initial version of AI Siri in mid-2026. Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Apple notches largest revenue growth since December 2021; Mac business grew the fastest during the June quarter appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. |
Friday, August 1, 2025
Apple notches largest revenue growth since December 2021; Mac business grew the fastest during the June quarter
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