Record iPhone, Mac, and services growth is offset by tariff costs and a slower September revenue-growth outlook.
| Quarter | Q3 FY25 |
|---|---|
| Call date | 2025-08-01 |
| Length | 58 minutes |
| EPS | $1.57 |
| EPS consensus | $1.42 |
| Revenue | $94.0B |
Apple reported June-quarter revenue of $94 billion, up 10% year over year, with EPS up 12% to $1.57. iPhone, Mac, and services each delivered double-digit growth, while iPad and wearables revenue declined year over year. September-quarter revenue is expected to grow mid-to-high single digits, with services growth similar to June and gross margin of 46%-47%. Management expects tariff-related costs to rise from approximately $800 million in June to $1.1 billion in September.
What changed, guidance prior to now, analyst Q&A candor and the case for and against are part of Core.
Other quarters: Q3 FY26 · Q1 FY26 · Q4 FY25
Read the full Q3 FY25 earnings call transcript
All AAPL earnings · Back to AAPL overview
Transcript produced by Signals.AI from the company's own earnings call audio. Not personalized investment advice.