Apple Inc

AAPL: XNAS (USA)

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Apple Earnings: Strong iPhone Beat Brings Our Valuation Up and Tariff Costs Prove Light for Now

William Kerwin

Aug 1, 2025

Apple's June-quarter results were well ahead of its guidance. Revenue rose 10% year over year to $94 billion, with iPhone revenue rising 13% year over year to $44.6 billion. Services revenue rose 13% to $27.4 billion. September-quarter guidance calls for mid- to high-single-digit growth.

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Apple Inc

Apple Earnings: Strong iPhone Beat Brings Our Valuation Up and Tariff Costs Prove Light for Now

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