Apple's Q3 revenue of $94B beat expectations, driven by strong demand even in a seasonally weak quarter. Guidance for the September quarter is optimistic, with mid- to high single-digit revenue growth and robust service revenue expansion. Gross margins forecast remain healthy at 46-47%.
Apple Inc's (NASDAQ:AAPL, ETR:APC) quarterlies dropped after hours and there's a lot for UK investors to chew on, especially those with exposure through ISAa and tech-heavy funds. First up, Wedbush's analysts call the quarter a “statement moment” for Apple.
Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) delivered second-quarter results after the bell on Thursday, with both industry stalwarts beating expectations.
Apple Inc (NASDAQ:AAPL, ETR:APC) shares nudged 1.5% higher after hours as the Silicon Valley giant delivered its best quarterly growth since 2021, outpacing expectations for both revenue and profit. The results, covering the three months to 29 June, mark a return to form for Apple after a stretch of slower growth, with iPhone demand rebounding sharply and a resurgence in China offsetting earlier concerns about market saturation and economic headwinds.
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Apple on Thursday reported quarterly profit of $23.4 billion, topping forecasts despite concerns about the effect of US tariffs on its supply chain.
Neil Shah, vice president of research and co-founder of Counterpoint Research, says tariffs are a "hanging sword" over Apple, and while Apple's lack of on-device AI is a concern compared to other brands, it is in the same boat as Huawei - it's biggest competitor in China's premium smartphone market.
Apple Inc (NASDAQ:AAPL, ETR:APC) chief executive Tim Cook has indicated the company is prepared to step up investment in artificial intelligence, including spending more on data centres and remaining open to acquiring larger businesses in the sector. This marks a shift for Apple, which has typically preferred small, targeted acquisitions and has relied on third-party data centre providers for much of its cloud infrastructure.
Apple Inc. (NASDAQ:AAPL ) Q3 2025 Earnings Conference Call July 31, 2025 5:00 PM ET Company Participants Kevan Parekh - Senior VP & CFO Suhasini Chandramouli - Director of Investor Relations Timothy D. Cook - CEO & Director Conference Call Participants Aaron Christopher Rakers - Wells Fargo Securities, LLC, Research Division Amit Jawaharlaz Daryanani - Evercore ISI Institutional Equities, Research Division Atif Malik - Citigroup Inc., Research Division Benjamin Alexander Reitzes - Melius Research LLC David Vogt - UBS Investment Bank, Research Division Erik William Richard Woodring - Morgan Stanley, Research Division Krish Sankar - TD Cowen, Research Division Michael Ng - Goldman Sachs Group, Inc., Research Division Samik Chatterjee - JPMorgan Chase & Co, Research Division Wamsi Mohan - BofA Securities, Research Division Suhasini Chandramouli Good afternoon, and welcome to the Apple Q3 Fiscal Year 2025 Earnings Conference Call.
Apple wants investors to know it's taking bigger steps to catch up in the AI race.
Apple's stock was up modestly despite a big beat, suggesting that concerns about AI and regulatory matters could limit upside.
Apple (AAPL) is preparing to absorb $1.1 billion in tariff costs this quarter, CEO Tim Cook said Thursday.