IPhone Boosts Apple’s Q3 Earnings as iPad Sales Decline

Quick Summary

• Apple reported third-quarter 2025 revenue of $94 billion, a 10% year-on-year increase, and a profit of $23.4 billion. Quarterly diluted earnings per share were $1.57.
• Analysts had predicted revenues below $90 billion; Apple surpassed this by 6%. The stock price rose in after-hours trading.
• iPhone led sales wiht $44.5 billion (13.5% increase year-over-year).Services contributed $27 billion (up from $24 billion), setting another quarterly record for the division.
• Mac sales grew considerably by nearly 15%, generating $8 billion in revenue compared to last year’s figure of $7 billion.
• iPad revenue declined to $6.6 billion, marking a 7% drop year-over-year despite updates earlier in the year to models like iPad air and iPad Pro.
• Wearables, Home, and Accessories saw an 8.6% decline, generating $7.4 billion.
• Apple faced tariff-related expenses amounting to about $800 million; projected costs for the following quarter may increase to over a billion dollars unless conditions change.
• CEO Tim Cook highlighted growth across geographic markets and strong performance in key product lines while sharing insights into rising investment in AI without specifics.

Indian Opinion Analysis
The robust financial results exhibited by Apple provide several implications for india as one of its rapidly expanding markets globally within segments like smartphones and services ecosystems-areas that posted significant gains this quarter globally (iPhone up by over 13%; Services set record benchmarks); India accounts historically proportionately sizeable part contributing . However projecting backend disruptions due Tariff down struct could indirect ripple