Overview
- Revenue reached $102.5 billion with net income of $27.5 billion and earnings of $1.85 per share, topping Wall Street estimates.
- iPhone revenue hit a September‑quarter record of $49.03 billion, narrowly missing some analyst forecasts as several iPhone 17 models remained supply constrained.
- Services revenue climbed to an all‑time high of about $28.75 billion, underscoring the growing contribution of subscriptions and the broader ecosystem.
- Greater China revenue declined about 4% to roughly $14.49 billion, which Apple attributed largely to iPhone supply issues, and the company signaled a return to growth there next quarter.
- Tariffs added about $1.1 billion in costs during the quarter with about $1.4 billion expected next quarter, which Apple said it absorbed in gross margin without changing prices.