🔹 Revenue: $94.04B (Est. $89.53B) 🟢; +10% YoY
🔹 EPS: $1.57 (Est. $1.43) 🟢; +12% YoY
🔹 Greater China: $15.37B (Est. $15.19B) 🟢; +4% YoY
Segment Revenue:
🔹 iPhone: $44.58B (Est. $40.06B) 🟢; +13% YoY
🔹 Mac: $8.05B (Est. $7.3B) 🟢; +15% YoY
🔹 iPad: $6.58B (Est. $7.07B) 🔴; -8% YoY
🔹 Wearables, Home & Accessories: $7.40B (Est. $7.78B) 🔴; -9% YoY
🔹 Services: $27.42B; UP +13% YoY (All-time high)
🔹 Products: $66.61B (Est. $62.36B) 🟢
Geographic Performance
🔹 Americas Revenue: $41.20B; UP +9% YoY
🔹 Europe Revenue: $24.01B; UP +10% YoY
🔹 Greater China Revenue: $15.37B (Est. $15.19B) 🟢; UP +4% YoY
🔹 Japan Revenue: $5.78B; UP +13% YoY
🔹 Rest of APAC: $7.67B; UP +20% YoY
Other Metrics
🔹 Net Income: $23.43B; UP +9% YoY
🔹 Gross Margin: $43.72B; UP +10% YoY
🔹 Operating Income: $28.20B; UP +11% YoY
🔹 Operating Expenses: $15.52B (Est. $15.38B) 😐
🔹 Installed Base: New all-time high across all product categories
🔹 Dividend: $0.26/share; payable Aug 14, 2025
Commentary
🔸 “We see AI as one of the most profound technologies of our lifetime, and we are significantly growing our investments.”
🔸 “Double-digit growth in iPhone, Mac and Services, and growth in every geographic segment.”
🔸 “Tariff-related pull-forward likely contributed ~1pt to YoY growth.”
🔸 “Installed base of active devices hit a new all-time high across all product categories.” – CFO Kevan Parekh
🔸 “Record business performance drove 12% EPS growth in Q3.” – CFO Kevan Parekh
