Apple Reports Record Revenue for Q4 Fiscal Year 2025

Apple announced its earnings results for the fourth quarter of fiscal year 2025 (calendar Q3) yesterday.

The company's revenue for the quarter reached $102.466 billion, setting a new September quarter revenue record and exceeding analyst expectations.

During the conference call, CEO Tim Cook stated that demand for the iPhone 17 series was "well ahead of expectations." Store traffic saw a significant increase, and Apple set a new record for the number of switching users during the September quarter.

The supply of iPhones was constrained this quarter, and some iPhone 17 models are still currently supply-constrained. Cook mentioned that Apple is working diligently to fulfill all orders.

Despite strong iPhone sales, performance in the China market declined. Cook anticipates that the China market will return to growth in the December quarter.

Meanwhile, Services revenue hit an all-time high this quarter, reaching $28.75 billion, maintaining strong year-over-year growth.

Total revenue for the full fiscal year reached $416.161 billion, with net income surpassing $112 billion.

Apple CEO Tim Cook projected that the company's total revenue will grow by 10% to 12% year-over-year in the December quarter, with iPhone revenue expected to see double-digit growth.

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