Source link : https://tech365.info/iphone-gross-sales-pump-up-apples-third-quarter-earnings-however-ipad-gross-sales-droop/
Apple held its third quarter 2025 monetary outcomes on Thursday, and the corporate posted income of $94.0 billion, a ten % year-over-year enhance, and quarterly diluted earnings per share of $1.57. The corporate reported $23.4 billion in revenue.
Analysts had predicted income of below $90 billion, which Apple comfortably beat by 6 %. The inventory worth rose by a number of {dollars} in after-hours buying and selling.
The iPhone led income with $44.5 billion, an enormous 13.5 % enhance over the identical quarter a yr in the past. Apple Providers noticed a lift of $3 billion year-over-year, boosting it to a different quarterly document. Mac gross sales have been additionally up practically 15 %.
The iPad, which generated $6.6 billion, noticed a 7 % slide year-over-year. Apple up to date the iPad Professional with M4 chips in Could, however the iPad Professional is a low-volume product. Apple’s extra reasonably priced tablets have been refreshed earlier this yr: iPad Air was up to date in March with an M3 chip, together with the A16-equipped Eleventh-generation iPad.
The opposite product class that was down for Apple was Wearables, House, and Equipment, with an 8.6 % lower year-over-year. This class is especially bolstered by AirPods and Apple Watch, each of that are on account of get updates this fall.
How the quarter ended year-over-year for Apple:
iPhone: $44.6 billion (up from $39.3 billion)
iPad: $6.6 billion (down from $7.2 billion)
Mac: $8 billion (up from $7…
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Author : tech365
Publish date : 2025-08-01 01:30:00
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