Apple announces Q3 results with 10% revenue increase

SAN FRANCISCO -- Apple on Thursday announced financial results for its fiscal 2025 third quarter that ended on June 28, with quarterly revenue of $94 billion, up 10 percent year-over-year.

The company posted quarterly diluted earnings per share of $1.57, up 12 percent year-over-year. Its net income for the quarter increased to $23.43 billion from $21.45 billion a year ago.

Sales of iPhones rose to $44.58 billion from $39.3 billion a year ago. Its Mac sales increased to $8.05 billion from $7.01 billion a year ago.

The company's services income was $27.42 billion, up from $24.21 billion the previous year.

The sales of wearables, home and accessories products decreased to $7.4 billion from $8.1 billion a year ago.

"Today Apple is proud to report a June quarter revenue record with double-digit growth in iPhone, Mac and Services and growth around the world, in every geographic segment," said Tim Cook, Apple's CEO.

"We are very pleased with our record business performance for the June quarter, which generated EPS (earnings per share) growth of 12 percent," said Kevan Parekh, Apple's CFO.

Apple's board of directors has declared a cash dividend of $0.26 per share of the company's common stock.