Apple Q3 2025 Revenue Jumps 10%: iPhone 16 & China Demand Drive Record $94B Quarter | Earnings Analysis
Apple Q3 2025 Revenue Jumps 10%: iPhone 16 & China Demand Drive Record $94B Quarter | Earnings Analysis Key Takeaways Apple posted record Q3 revenue of $94 billion, blowing past Wall Street’s $89.3 billion forecast. iPhone sales surged 13% year-over-year to $44.58 billion, crushing expectations . China revenue grew 4% despite brutal competition . Tariffs cost Apple $800 million last quarter, and will hit $1.1 billion next . Services revenue hit an all-time high of $27.42 billion . Apple eyes Perplexity AI acquisition to replace Google Search . The $94 Billion Roar Apple’s third-quarter revenue hit $94 billion. Wall Street expected $89.3 billion. The stock jumped 2% after hours. The iPhone hauled in $44.58 billion, a $4.5 billion beat. Earnings per share landed at $1.57. Analysts guessed $1.43. Services revenue climbed to $27.42 billion. Another record. Thomas Monteiro from Investing.com called it the company’s “biggest revenue growth in dollar terms since 2021.” All in what h...