Overview
- Apple delivered $94.04 billion in revenue and $23.4 billion in net profit for its fiscal third quarter, outpacing Wall Street forecasts.
- iPhone sales hit an all-time quarterly high of $44.58 billion and marked the milestone 3 billionth iPhone sold since 2007.
- Services revenue climbed to a record $27.4 billion as recurring offerings such as iCloud and App Store subscriptions drove growth.
- Mac revenue grew to $8.05 billion while iPad sales declined to $6.58 billion, highlighting uneven demand across hardware categories.
- Apple is shifting production to India and boosting investments in artificial intelligence to manage tariff pressures and global talent competition.