Apple sets quarterly revenue records and stocks rise as revenues are significantly exceeded expectations

for The quarter ended on June 28, 2025Apple posted revenue of $94 billion, representing a 10% increase compared to the same period last year. Net income skyrocketed to $1.57 per share – 12% from a year ago, moving significantly ahead of analyst forecasts.. The total margin has been fine-tuned up to 46.5%.

CEO Tim Cook celebrated the results, saying, “Apple is proud to report its June quarter revenue records with double-digit growth in iPhone, Mac and growth across the globe in all geographic segments.” Apple’s board of directors declared a quarterly dividend of $0.26 per share as of August 11th..

According to CFO Kevan Parekh, the installation base of the active device has reached “an all-time high.”. Apple’s shares rose in the market over 2.5% on the results.

Apple’s signature iPhone business was the leading engine of growth, generating $44.6 billion in sales.. This has pushed the iPhone ahead well beyond most forecasts, even if competitors stepped up their global push.

We’ve also set up new records for service segments covering the App Store, Apple Pay, Apple TV+, Apple Music and iCloud. Revenue there reached $27.4 billion, an increase of 13% from last year. Apple TV+’s success is Summer box office wins F1: The Movie has sold nearly $513 million worldwide. Mac Sales also grew in double-digit growth to $8 billion.

In contrast, both iPad and wearable revenues saw a modest decline, but these were more than offset by the core and service business.

Growth is widespread and does not include China, so Apple surpassed expectations with $15.4 billion in sales. This is in a tense geopolitical environment: President Donald Trump calls for enactment Tariffs of at least 25% On non-US-made iPhones, Apple has the following information:Made in the US, not in India or elsewhere. “The company was predicting a 900 million dollar headwind This quarter was from tariffs, but it successfully navigated the challenges by accelerating the change in device manufacturing from China to India..

Despite these results, investor scrutiny remained focused on Apple’s comparison delay in rolling out artificial intelligence, particularly as a competitor. Meta and Microsoft Grab the headlines for major AI advances.

Apple’s stock is backed by the earnings beat, but has fallen 16% since the start of the year, decreasing the broader S&P 500 performance.. Some analysts have expressed impatience for Tim Cook and even insisted he would be replaced. Long-standing Apple Bulldan Ives Throwing his support behind Cook, Apple claiming a transformative M&A deal to raise his legs in AI races, and denounced the recent presentation as “feeling like an episode of ‘Back to the Future’,” but it was a film, but not an episode television series.

For this story, luck Generated AI was used to assist with initial drafts. The editors checked the accuracy of the information prior to publication.