Overview
- Apple posted $94.04 billion in June-quarter revenue, up nearly 10% year-over-year, and delivered earnings of $1.57 per share, both ahead of analyst forecasts.
- iPhone sales surged 13.5% to $44.58 billion, driven by strong seasonal upgrades and some pull-forward purchases ahead of tariff threats.
- Services revenue hit a new high of $27.42 billion, fueled by robust App Store, streaming and cloud-subscription growth.
- Greater China revenue rebounded to $15.37 billion, reversing a prior decline and benefiting from local subsidy programs.
- CEO Tim Cook said Apple is significantly increasing investment in artificial intelligence and is making good progress on a personalized Siri experience.