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iPhone sales pump up Apple’s third-quarter earnings, but iPad sales slump

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Apple posted revenue of $94.0 billion, a record haul for the June quarter.
Apple held its third quarter 2025 financial results on Thursday, and the company posted revenue of $94.0 billion, a 10 percent year-over-year increase, and quarterly diluted earnings per share of $1.57. The company reported $23.4 billion in profit.
Analysts had predicted revenue of under $90 billion, which Apple comfortably beat by 6 percent. The stock price rose by several dollars in after-hours trading.
The iPhone led revenue with $44.5 billion, a massive 13.5 percent boost over the same quarter a year ago. Apple Services saw a boost of $3 billion year-over-year, boosting it to another quarterly record. Mac sales were also up nearly 15 percent.
The iPad, which generated $6.6 billion, saw a 7 percent slide year-over-year. Apple updated the iPad Pro with M4 chips in May, but the iPad Pro is a low-volume product.

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