Apple held its earnings name for the fourth fiscal quarter (third calendar quarter) of 2025 immediately. With quarterly income of $102.5 billion, Apple set a brand new September quarter income file, beating analyst expectations. Apple CEO Tim Cook dinner and Apple CFO Kevan Parekh supplied perception into iPhone gross sales, vacation quarter expectations, and extra.
We have rounded up essentially the most attention-grabbing takeaways from the decision.
iPhone 17 Gross sales
Cook dinner mentioned that demand for the iPhone 17 fashions is “off the chart.” Site visitors in shops is up considerably, and Cook dinner mentioned that client reception is “very robust.” Apple set a September quarter file for upgraders.
iPhone provide was constrained in the course of the quarter, and a number of other iPhone 17 fashions are nonetheless constrained. Cook dinner mentioned Apple is working laborious to meet all of the orders that it has.
When requested why the iPhone 17 was doing so properly, Cook dinner mentioned the next:
I feel it is all concerning the product. The product lineup is extremely robust or robust as ever. The 17 Professional is essentially the most professional telephone we have ever executed. It is unbelievable. And the design sings. The iPhone air feels so skinny and so gentle in your hand, it appears like it may fly away. After which the 17 telephone is an unbelievable worth, and takes a number of of the options that have been reserved for professional earlier than and brings them all the way down to the patron lineup. So total, strongest iPhone lineup ever, and it is resonating around the globe.
iPad
Although Apple refreshed the iPad lineup with the iPad Professional, many different iPads have not had an replace as of late. iPad gross sales have been flat, with $6.95 billion in income.
Half of consumers who bought an iPad in the course of the quarter have been new to the product.
Mac
Mac gross sales have been up, because of the launch of latest MacBook Air fashions this yr. Mac income was $8.7 billion, up from $7.7 billion final yr. The Mac set up base reached a brand new all-time excessive.
Apple mentioned subsequent quarter’s Mac gross sales will not be as spectacular due to an “extraordinarily tough examine.” Final yr, Apple launched a number of Macs late within the yr, however this yr the corporate solely launched the M5 MacBook Professional.
Wearables, House and Equipment
Apple’s wearables class contains the Apple Watch and Imaginative and prescient Professional. Gross sales have been barely down at $9.01 billion in comparison with $9.04 billion final yr.
Providers
Apple’s Providers phase hit a brand new all-time income file, reaching $28.8 billion, up from $25 billion within the year-ago quarter.
Providers set income information in Americas, Europe, Japan, Remainder of Asia Pacific, and a September quarter file in Better China. Cost companies hit an all-time income file and there was double-digit development on Apple Pay energetic customers.
Providers income has surpassed $100 billion for the yr, up 14 p.c.
Siri Revamp
Apple remains to be on monitor to launch an upgraded model of Siri subsequent yr, in accordance with Cook dinner. Apple can be planning for extra partnerships just like the ChatGPT integration in Apple Intelligence.
AI
Parekh mentioned that Apple is “considerably growing” its investments in AI, with working bills between $18.1 and $18.5 billion anticipated.
Cook dinner mentioned that Apple is constant to develop its Apple basis fashions, and a number of other are in improvement. However he additionally mentioned that Apple frequently appears to be like on the market and is open to pursuing an acquisition if it should advance the corporate’s roadmap.
China
Regardless of robust iPhone gross sales, income in China was down considerably. Cook dinner mentioned that China is predicted to return to development within the December quarter due to the reception to the iPhone 17.
Income in China was $14.5 billion, down from $15 billion final yr, and under analyst expectations of roughly $16.4 billion.
Tariffs
Apple mentioned that it had $1.1 billion in tariff-related prices in This autumn 2025. Apple expects $1.4 billion in tariff-related prices subsequent quarter, assuming that nothing modifications. It does embrace the latest tariff change on items imported from China, which dropped to 10 p.c from 20 p.c.
December Quarter
Apple CEO Tim Cook dinner mentioned that whole firm income would develop 10 to 12 p.c yr over yr within the December quarter. iPhone income is predicted to develop double digits, and Apple is projecting that it’s going to have its greatest December quarter ever.
